Weekly Recap | KUAISHOU-W +0.24%, consensus target about 40% above spot
Weekly Review·
- 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.
