The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.

Track the entire lifecycle of the main Sector.

cls.cnApr 28 21:20 ET

Citi: Maintains KUAISHOU-W (01024) "Buy" rating with a Target Price of 66 HKD.

The bank pointed out that despite the increasing uncertainties in e-commerce, it still believes that advertising growth could accelerate due to increased monetization of shelf-style e-commerce.

Zhitong FinanceApr 28 04:29 ET

Major banks rating | Citibank: Maintains "Buy" rating for Kuaishou, predicts first quarter revenue to increase by 10% year-on-year.

Citigroup released a report stating that it maintains its performance forecast for Kuaishou for the first quarter, indicating that with continuous traffic support for live e-commerce, the year-on-year growth rate of gross trading volume may reach 15%. The bank predicts Kuaishou's first-quarter revenue will increase by 10% year-on-year to 32.3 billion yuan, with advertising, live streaming media, and Other operating income expected to grow by 7.6%, 12.3%, and 14% year-on-year respectively. The gross margin is expected to increase by 0.6 percentage points year-on-year to 54%, and the adjusted operating profit is expected to be 4.5 billion yuan. The bank maintains a target price of 66 HKD for Kuaishou and a "Buy" rating due to its low valuation, lack of USA depositary receipt delisting risk, and considerable potential for scalable models.

Gelonghui FinanceApr 28 02:58 ET

Kuaishou's 1Q Earnings Likely Supported by Livestreaming E-Commerce Business -- Market Talk

WSJApr 28 02:16 ET

Kuaishou Technology Announces Annual General Meeting With Key Resolutions

TipRanksApr 27 20:09 ET

KUAISHOU-W (01024.HK): Lu Rong has been appointed as an independent non-executive Director.

Glory Financial reported on April 28 that KUAISHOU-W (01024.HK) announced that Xiao Xing has resigned as independent non-executive Director, as well as a member of the Audit Committee, Remuneration Committee, Nomination Committee, and Corporate Governance Committee, effective from April 28, 2025. In addition, Lou Rong has been appointed as an independent non-executive Director, effective from April 28, 2025.

Gelonghui FinanceApr 27 19:38 ET