Weekly Recap | KUAISHOU-W -2.6%, most brokers rate it buy
Weekly Review·
- 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.
