Weekly Recap | KUAISHOU-W -8%, hitting a 52-week low
Weekly Review·
- 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.
