KUAISHOU-W (01024.HK) Latest News & Headlines | Longbridge

Weekly Recap | KUAISHOU-W -2.6%, most brokers rate it buy
Weekly Review·1 day ago, 04:57 AM
- Kuaishou - W closed down 2.6 % at 30.02 HKD this week, underperforming the Hang Seng Index by 0.47 percentage points while conducting continuous share buybacks totaling approximately 3.093 million shares. - Among the 32 covering institutions, 18 gave a buy or overweight rating with a consensus target price of 47.71 HKD, representing a potential upside of about 58.9 %. - Future market attention will focus on whether the technology sector sentiment recovers and if the company maintains its daily share buyback pace.
01024-1.57%
Weekly Recap | KUAISHOU-W +0.52%, buybacks cushion Tencent selling
Weekly Review·Sep 19 at 04:27 AM
- Kuaishou-W shares rose 0.52 % to close at 30.74 HKD this week, outperforming the Hang Seng Index by 1.19 percentage points amid fluctuating trading and ongoing market divergences. - The company conducted multiple share buybacks totaling approximately 31.43 million HKD to offset persistent stake reductions by Tencent, while regulatory support and low valuation provided a cushion. - Thirty-two institutions currently cover the stock with a consensus buy rating and a target price of 47.71 HKD, though divergence remains regarding short-term pressure from shareholder selling.
01024-1.57%
Weekly Recap | KUAISHOU-W -8%, hitting a 52-week low
Weekly Review·Sep 12 at 05:10 AM
- Kuaishou-W fell 8 % this week to close at 31.26 HKD, underperforming the Hang Seng Index by about 5.61 percentage points and hitting a 52-week low. - The company conducted continuous share buybacks alongside small new share issuances, while 32 covering institutions maintained a consensus buy rating with an average target price of 47.66 HKD. - Future performance will depend on the continuation of buybacks, price stabilization near low levels, and upcoming Hong Kong macroeconomic data.
01024-1.57%
Weekly Recap | KUAISHOU-W +0.24%, consensus target about 40% above spot
Weekly Review·Sep 5 at 04:33 AM
- Kuaishou-W rose by 0.24% this week to close at 33.66 HKD, slightly underperforming the Hang Seng Index by 0.09 percentage points amid active trading and frequent share buybacks. - The company released its mid-term report for 2026, showing revenue increased by 2.4% to 69.25 billion RMB while profit decreased by 32% to 6.06 billion RMB, alongside a major 20.45 billion RMB financing for its Kling AI business. - Institutional sentiment remains generally positive with a consensus buy rating and a target price of 47.60 HKD, though analysts hold mixed views regarding margin pressures and future core business challenges.
01024-1.57%
Weekly Recap | KUAISHOU-W +1.33%, most brokers rate it buy
Weekly Review·Aug 29 at 04:09 AM
- Kuaishou-W rose 1.33 % to close at 33.46 HKD over four trading days, outperforming the Hang Seng Index by 1.07 percentage points. - The company conducted continuous share buybacks totaling over 3.9 million shares worth more than 130 million HKD, while 20 out of 33 covering institutions gave buy or overweight ratings with a consensus target price of 48.62 HKD. - Market participants will continue to monitor the ongoing execution of share buybacks and the stabilization of the technology sector following external shocks.
01024-1.57%