Hengke shows strong continuous gains, Kuaishou-W5 daily increase reaches 27.4%

Kuaishou's cumulative increase reached 27.4% last week, leading the Hang Seng Technology Index. Recently, southbound funds have been continuously increasing their holdings in Hong Kong stocks, boosting the positive sentiment in the market. On April 26, southbound funds net bought HKD 1.174 billion, marking the 20th consecutive trading day of net buying by southbound funds. Kuaishou's e-commerce ecosystem continues to improve, with refined operational strategies based on industry attributes and continuous enhancement of marketing product capabilities. The valuation has upward elasticity, maintaining a "buy" rating with a target price of HKD 89.1. During the auto show, Kuaishou's commercialization team held an automotive industry summit, and the short video live streaming platform has become a new infrastructure for automotive circulation