Kuaishou-W (01024.HK) spent HK$9.715,700 to buy back 176,000 shares on May 29th

Gelonghui, May 29 | Kuaishou-W (01024.HK) announced that 176,000 shares were purchased at HK$9.715,700 on May 29.

Gelonghui Finance07:49 ET

[Broker Focus] Guosheng Securities maintains Kuaishou (01024) “buy” rating, indicating that its adjusted net interest rate exceeds market expectations

Jinwu Financial News | According to Guosheng Securities Research, Kuaishou (01024) achieved revenue of 29.4 billion yuan in 2024Q1, yoy +17%. Among them, advertising/livestreaming/e-commerce and other revenue was 167/86/4.2 billion yuan, yoy +27%/-8%/+48%. The company's Q1 gross profit margin was 54.8%, yoy+8.4pct. The company's Q1 sales, management and R&D expenses were 31.9%/1.6%/9.7%, yoy-2.7/-2.1/-1.9pct, respectively. The company's Q1 adjusted net profit of 4.39 billion yuan, with an adjusted net interest rate of 14.9%,

金吾財訊03:12 ET

[Broker Focus] Nomura's target price for Kuaishou (01024) is 7.7%, indicating that its first-quarter results are generally in line with expectations

Jinwu Financial News | Nomura reports that Kuaishou (01024) made a profit of 4.4 billion yuan in the first quarter, higher than market expectations of 3.2 billion yuan, mainly due to higher profit margins. Driven by operating leverage, the non-GAAP operating margin improved by 12 percentage points to 12.7% year-on-year. First-quarter revenue growth of 17% year-on-year is roughly in line with expectations. According to the bank, Kuaishou's revenue guide for the second quarter was a year-on-year increase of 9.5% to 10%, lower than the market's forecast of 11%. The gap was based on the live streaming business. This portion of the revenue guide was a 14% year-on-year decline, which is worse than the 8% decline expected by the market. The company raised its annual profit

金吾財訊01:39 ET

Kuaishou-W (01024) spent HK$9.7718 million to buy back 175,400 shares on May 27

Kuaishou-W (01024) announced that on May 27, 2024, the company spent HK9.7718 million...

Zhitong FinanceMay 27 07:00 ET

[Broker Focus] Huafu Securities maintains Kuaishou (01024) “buy” rating, indicating that the company's continuous implementation of share repurchase plans shows confidence in development

Jinwu Financial News | According to Huafu Securities Research, Kuaishou (01024) achieved revenue of 29.408 billion yuan in 2024Q1, up 16.6% year on year. Its domestic revenue in China was 28.417 billion yuan, up yoy +14.22% year on year, and overseas revenue was 991 million yuan, up 193.20% year on year; adjusted net profit was 4.388 billion yuan, up 10347.6% year on year. According to the bank, the company will repurchase Class B common shares worth no more than HK$16 billion within the next 36 months until the end of the annual general meeting of shareholders to be held in 2027. The plan is due in 2024

金吾財訊May 27 04:32 ET

[Broker Focus] Minsheng Securities maintains Kuaishou (01024) “recommended” rating, indicating that its profit release continues to exceed expectations

Jinwu Financial News | According to Minsheng Securities Research, Kuaishou (01024) 24Q1 results showed total 24Q1 revenue of 29.4 billion yuan (RMB, same below), yoy +16.6%; net profit of 4.1 billion yuan, turning a year-on-year loss into a profit; and adjusted net profit of 4.4 billion yuan, +10347.6% year-on-year. According to the bank, in 24Q1, the company achieved a gross profit margin of 54.8%, yoy+8.4pct, qoq+1.7pct. The year-on-year increase was mainly due to 1) the increase in the share of online marketing+e-commerce revenue with strong profitability; 2) continuous optimization of the revenue sharing cost of the live streaming business; 3) ended excellent

金吾財訊May 26 22:48 ET