On June 19th, Kuaishou-W (01024.HK) spent HKD 16.2248 million to buy back 314,200 shares.
On June 19th, Kuaishou-W (01024.HK) announced that it spent HKD 16.2248 million to repurchase 314,200 shares.
Hong Kong Shares Rebound 2.9% Amid Positive Sentiment
Hong Kong's Hang Seng Index extended early gains to close 2.9% higher at 18430.39. There could be some optimism among investors that more may be done by the Chinese authorities in 2H, IG market strate
On June 18th, Kuaishou-W (01024.HK) spent HKD 9.91 million to repurchase 192,300 shares.
On June 18th, Kuaishou-W (01024.HK) announced that it spent 9.91 million Hong Kong dollars to repurchase 192,300 shares.
Kuaishou - on June 17th, spent about 21.6645 million Hong Kong dollars to buy back 421,200 shares.
Kuaishou-W (01024) announced that on June 17, 2024, it will spend about HK$21.6645 million to repurchase 421,200 shares at a repurchase price of HK$51-51.5 per share. On the same day, 82,900 shares were issued under the employee shareholding plan prior to the initial public offering.
On June 17, Kuaishou-W (01024.HK) spent 21.6645 million Hong Kong dollars to repurchase 421,200 shares.
On June 17, Kuaishou-W (01024.HK) announced that it spent HKD 21.6645 million to repurchase 421,200 shares.
Kuaishou-W (01024.HK) spent HKD 29.49 million on June 14 to repurchase 582,000 shares.
On June 14th, Kuaishou-W (01024.HK) announced that it spent 29.49 million Hong Kong dollars to repurchase 582,000 shares.
Morgan Stanley: Kuaishou (01024) can benchmark against Sora, or further boost the scale and activity of the platform's users.
As of 9 am on June 13th, there were over 64,000 people queuing for testing after the official launch of Keling, a large model of Wensheng video under Kuaishou (01024) on June 6th. On average, there are 10,000 new applicants per day.
Kuaishou (01024) rose against the market and recently released the Sora-level Wen Sheng video large model "Ke Ling".
Kuaishou rose against the market during intraday trading today, closing up 1.26% at noon.
The "Kuaishou 2023 Corporate Social Responsibility Report" has been released, and the "Happiness Lecture Hall" skills training has covered millions of people.
On June 7th, Kuaishou Technology released the "Kuaishou 2023 Corporate Social Responsibility Report." The report shows that in the past year, Kuaishou has created 40.22 million job opportunities, the new media vocational skills training program "Happiness Lecture Hall" has covered more than one million people, and the platform's agricultural product orders have exceeded 1.36 billion, effectively promoting social employment, industrial development, and user income growth. Yang Yuanxi, co-founder of Kuaishou Technology, said that Kuaishou has always been committed to creating the most warm and trustworthy online community, and the concept of "trust connection and value inclusiveness" runs through all Kuaishou's business and services.
South Water bought more than 400 million yuan of China Yangtze Power; North Water increased holdings of China Mobile by more than 700 million Hong Kong dollars, buying Xiaomi for 11 consecutive days.
Track the latest trends of north-south directional funds.
On June 6th, Kuaishou-W (01024.HK) canceled 2.96 million shares.
On June 6, Guolong News reported that Kuaishou-W (01024.HK) announced the cancellation of 2.96 million repurchased shares in 2024.
Kuaishou (01024) has released the first domestic large-scale video production model "Keling" that benchmarks against the Sora effectiveness model, which is now in an invitation-only testing phase.
The first domestic product-level application open beta test that benchmarks Sora's effects.
Kuaishou (01024) launches the "Wheat Planted Plan" for the Hong Kong stock market and sets five service targets for education customers in the next six months.
Jingu Financial News | The 2024 Kuaishou (01024) Education Industry Summit was held in Beijing. Kuaishou released for the first time its "three-dimensional synergy" intelligent marketing solution for the education industry; it launched the "Mangzhong Plan" and set five service goals for education customers in the next six months: support for more than 100 million yuan in traffic, co-construction of more than 10 innovative projects, overall advertising effectiveness improved by more than 5%, customer penetration rate of intelligent applications exceeding 50%, and comprehensive official service upgrades.
Hang Seng Index Likely to Consolidate Between 18500-20000 Near Term
0642 GMT - Hong Kong's Hang Seng Index is likely to consolidate between 18500 and 20000 in the near term, according to CCB International analysts Cliff Zhao and Wilson Zou in a research note. They say
[Brokerage Focus] CITIC Securities expects the technology sector to focus on investment in the artificial intelligence industry innovation in the second half of the year.
Jingu Finance | Citic Securities stated that it is focused on AI innovation and technology going global. Looking ahead to the second half of 2024, the bank believes that the investment focus of the technology sector will be around the innovation of the artificial intelligence industry, and it is recommended to pay attention to the opportunities for the outflow of segmented sectors and the pace of recovery. In terms of AI, model iteration upgrades and the landing of applications will continue to drive investment in the technology industry. It is recommended to pay attention to the computing power industry chain, including infrastructure areas such as optical modules, servers, cloud computing, as well as domestically produced alternatives such as AI chips, semiconductor equipment, such as Semiconductor Manufacturing International Corporation (00981); under the empowerment of "AI+", industry applications and consumer electronics.
Major bank's rating | BOCI Securities: Pay attention to active stocks in Hong Kong Connect trade, prefer Tencent, Meituan, Kuaishou, etc.
According to a research report released by BOC International, as of the end of May this year, the Hang Seng Index closed at 18,079.6 points, rising 1.8% monthly, with a daily average turnover of HKD 139.8 billion, a 24% monthly increase. The net inflow of southbound trading in May was CNY 64.5 billion, lower than the CNY 78.6 billion and CNY 73.5 billion in March and April respectively. BOC International pointed out that southbound trading plays an important role in the Hong Kong stock market, with considerable net inflows in the past few years, which has played an important role in stabilizing the Hong Kong stock market. It is recommended that investors pay close attention to southbound stocks with active partial filled trades. In the next six months, the bank expects mainland investors to buy and sell Hong Kong stocks through the southbound channel.
AI-empowered Q1 performance exceeded expectations, with several institutions raising the target price for Kuaishou (01024).
On May 22, short video leader Kuaishou-W (01024) handed in a better-than-expected Q1 2024 performance report, with impressive performance in terms of revenue scale, core business growth, cost reduction and efficiency improvement. As observed by the Zhitong Finance APP, the Hong Kong stock market indexes showed a volatile decline on the day after Kuaishou released its financial report on May 23, with the Hang Seng Technology Index dropping by 2.41%, but Kuaishou rose by 4.56% at one point during the trading session, becoming a bright spot in the market, which fully reflects the capital market's expectations for the Q1 financial report's performance. The inflow of funds can more directly reflect the market's expectations for the company's future.
[Broker Focus] Anxin International: For the Internet stock market, pay more attention to factors other than performance, such as shareholder returns, dividend rates, increases or decreases in holdings of major shareholders, etc.
Jinwu Financial News | Anxin International reports that recent stock prices and fundamental characteristics of Internet stocks: financial performance and management expectations are not too many surprises in the current macro context; profit improvements are generally superior to revenue improvements (from horse racing to intensive farming); the market pays more attention to factors other than performance: shareholder returns, dividend rates, increase or decrease in majority shareholders' holdings (typical: Ali (09988), Tencent (00700), Pinduoduo). The bank's overall performance outlook for the second quarter of the Internet company: Tencent, Pinduoduo, Xiaomi (01810), and Kuaishou (01024) are expected to continue to grow at high profits; high dividends are low
Kuaishou (01024) released the large model product “Tu” and launched more than 20 innovative AI image gameplay
Kuaishou releases large model product “Tu”
Changes in Hong Kong stocks | Kuaishou-W (01024) rose by more than 5% and launched the self-developed Wenshengtu Big Model “Tu” company gradually entered the profit release period
The Zhitong Finance App learned that Kuaishou-W (01024) rose by more than 5%. As of press release, it had risen 4.95% to HK$58.35, with a turnover of HK$955 million. According to the news, according to reports, Kuaishou's self-developed Wenshengtu large model “Tu” was officially opened to the public recently. The “Can Map” large model currently supports two types of functions: Wensheng Map and Tuteng Map, and can be used for AI image creation and AI image customization. This is also the first time that Kuaishou has opened a large series of self-developed models to the public. According to reports, the parameter scale of the “scalable” model reached the level of 1 billion. Morgan Stanley released a research report on Kuaishou's stock price outlook for the next 1 to 2 years
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