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KUAISHOU-W

01024
25.9204.50% ( -1.220 )
Delay Closed: Nov 13, 16:08:17

News

  • Weekly Recap | KUAISHOU-W -10.06%, most brokers rate it buy

    Weekly Review·
    - Kuaishou-W dropped 10.06 % this week to close at 25.92 HKD, underperforming the Hang Seng Index amid broader tech sector weakness. - Despite the downward price pressure and a low valuation, 16 out of 30 institutions maintained a buy or overweight rating with a consensus target price of 45.30 HKD. - The upcoming Q3 financial results on November 19, 2026, will serve as a key catalyst to test the company's fundamental momentum and market sentiment.
    01024-4.50%

  • HK Close: HSI Falls 370 Pts, Loses 24,000; AI Hardware Tumbles, Oil & Pork Stocks Buck Trend

    Market Pulse·
    - On November 13, 2026, Hong Kong stocks extended losses, with the Hang Seng Index falling 1.55% to close at 23637.60 points and losing the 24,000-point mark. - Large tech stocks and AI hardware shares suffered heavy plunges, driven by regulatory concerns and policy pressures regarding advanced chips. - Meanwhile, petroleum and pork stocks bucked the broader market trend to post gains, supported by recovering supply chains and rising futures contracts.
    09988-3.46%01810-3.74%

  • HK Midday: Hang Seng Down 0.9%; Jensen Huang Resignation Hits AI Stocks; Mengniu Hits Record High

    Market Pulse·
    - Hong Kong stocks closed lower at midday on November 13, 2026, with the Hang Seng Index falling 0.9% to 23786 points and major technology, gold, and new energy vehicle stocks retreating. - Nvidia CEO Jensen Huang's resignation and subsequent Wall Street downgrades heavily dragged down AI concept stocks, while gold prices dropped below 3860 USD due to rising US Treasury yields. - Mengniu Dairy bucked the market trend to reach a record high, whereas BOSS Zhipin plummeted by over 23%.
    09988-3.46%01810-3.74%

  • Kuaishou Technology Fell 60% While Sales Rose

    Simplywall·
    - Kuaishou Technology shareholders experienced a 60.0% loss over the past year despite positive headlines regarding AI and e-commerce growth. - While Kling AI attracted billions in funding and drove revenue to C ¥ 35,535 m in Q 2 2026, net income slipped and net margins fell to 8.9%. - The company currently trades at HK $ 27.14 as investors weigh whether heavy AI spending and softer core commerce will coexist with resilient profitability.
    01024-4.50%81024-4.09%

  • Hong Kong Midday: Hang Seng Dips Below 24,000; Semiconductors, Oil Stocks Buck the Trend

    Market Pulse·
    - Hong Kong stocks fluctuated downward during the session, with the Hang Seng Index falling 0.47% to 23896 points and the Hang Seng Tech Index dropping 0.27% to 3921 points. - Semiconductor stocks strengthened against the market trend, driven by SMIC reporting a third-quarter revenue of 3.19 billion USD and a net profit of 428 million USD. - Major oil stocks rose collectively as geopolitical tensions escalated, while internet stocks showed mixed performances amid market caution.
    09903-2.35%06082-6.67%

  • HK Market Close: Hang Seng Drops 1.26% as Tech Stocks Slide Across the Board; Semiconductors Mixed

    Market Pulse·
    - On November 12, Hong Kong stocks declined collectively, with the Hang Seng Index closing down 1.26 % at 24008.55 points and a total turnover of approximately 2027 billion HKD. - Major technology stocks fell across the board, led by Alibaba dropping nearly 7 %, while the semiconductor sector showed divergence with some domestic substitution targets gaining attention. - Resource stocks generally weakened under the pressure of stronger US dollar and US CPI data, whereas specific domestic demand stocks and low-priced shares saw counter-trend increases.
    09988-3.46%01024-4.50%

  • Kuaishou falls 4%

    Market Movers·
    - Kuaishou's stock price fell over 4% intraday to 27.38 HKD, marking a 6.87% decline over 5 trading days and a 56.45% drop year-to-date. - The decline follows a recent report predicting that China's e-commerce sector will enter a structural low-growth stage with a projected 2026 to 2030 GMV compound annual growth rate of only 3.2%. - Consequently, multiple companies including Kuaishou, JD.com, and Pinduoduo have had their target prices adjusted downward based on these market projections.
    01024-4.50%

  • HK Stocks Close: HSI Drops Nearly 1%; Semiconductors Buck Trend, XINHEHUA Soars Over 70% on Debut

    Market Pulse·
    - Hong Kong stocks closed lower on November 11, driven down by stronger-than-expected US October CPI data and rising expectations of Federal Reserve rate hikes. - The Hang Seng Index fell about 0.9% to close near 24096 points, with large technology stocks, new energy vehicles, and biomedical shares generally declining. - Despite the broader market downturn, the semiconductor sector bucked the trend to strengthen, and new stock Xinhehua surged over 70% on its debut.
    09988-3.46%03690-3.19%

  • M Stanley: China's E-commerce Growth Slows but Competition Remains Intense; Downgrades PDD Holdings Inc. , MEITUAN-W to Equalweight, Names Alibaba Group Holding Limited Top Pick

    AASTOCKS News·
    - Morgan Stanley issued a research report stating that China's e-commerce sector is entering a structurally low-growth phase with a projected GMV CAGR of 3.2% from 2026 to 2030, while intense competition drives up defensive costs. - The broker downgraded PDD Holdings Inc. and MEITUAN-W from Overweight to Equalweight and adjusted target prices across multiple internet and e-commerce stocks. - Alibaba Group Holding Limited was maintained as the top pick with an Overweight rating due to its AI differentiation and cloud business exposure.
    JD+1.53%MPNGY-0.64%

  • Weekly Recap | KUAISHOU-W +5.39%, most brokers rate it buy

    Weekly Review·
    - Kuaishou-W rose 5.39% this week to close at 28.92 HKD, outperforming the Hang Seng Index by approximately 0.74 percentage points. - The company's focus centered on Keling AI's capital raising and valuation narrative, alongside its subsidiary Lingchuan Technology completing a 1 billion RMB Series B financing round. - Thirty-one institutions gave a consensus buy rating with an average target price of 47.66 HKD, while upcoming third-quarter financial results remain the key market watchpoint.
    01024-4.50%

  • Kuaishou Schedules Board Meeting to Review Third-Quarter Results

    PUBT·
    - Kuaishou Technology announced it will hold a board meeting on November 19, 2026. - The primary purpose of the meeting is to review and approve the company's unaudited consolidated financial results for the three and nine months ended September 30, 2026. - The official notice was published via the Hong Kong Stock Exchange regulatory disclosure system on November 6, 2026.
    01024-4.50%

  • Hong Kong Midday: HSI Drops 1.1% as Tech Slides; Mainland Banks Hold Firm

    Market Pulse·
    - Hong Kong stocks closed lower at midday on November 6, with the Hang Seng Index falling 1.1% to 24533 points amid a market turnover of about 150 billion HKD. - Major technology stocks and AI concept shares experienced significant declines, driven down by the overnight slump in US AI stocks, while domestic bank stocks remained resilient against the trend. - Specific sector performances included drops of nearly 4% for Alibaba and over 10% for Changfei Optical Fibre, alongside a slight 0.4% gain for China Construction Bank.
    09988-3.46%09888-3.39%

  • Citi: 1st Phase of Double 11 E-commerce GMV Grows 4%+ YoY; Divergence Among Platforms

    AASTOCKS News·
    - Citi reported that the aggregate GMV for the first phase of the Double 11 e-commerce campaign grew over 4 % year-on-year, reaching about 10 % including quick commerce. - Major platforms showed distinct performance divergence, with Douyin achieving the fastest growth while Kuaishou lagged behind its peers. - Citi maintained Buy ratings on Alibaba, JD-SW, and PDD Holdings, alongside a Neutral rating on Kuaishou-W.
    PDD+1.86%KPDD0.00%
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