According to Zhitong Finance APP, on November 22, after the market closed, Kuaishou-W (01024) announced that it spent 0.128 billion HKD to repurchase 2.87 million shares, with a repurchase price ranging from 44.1 HKD to 45.45 HKD per share. This marks the second consecutive day that Kuaishou has spent over 100 million to repurchase company shares following its earnings report. On November 21, Kuaishou also spent over 0.161 billion HKD to repurchase 3.452 million shares.

As of now, Kuaishou has spent approximately 4.5 billion HKD to repurchase 0.102 billion shares this year, accounting for 2.36% of the total share capital. Notably, the repurchase amount in the two days following the third quarter's earnings report alone reached nearly 0.3 billion HKD. Considering the repurchase amounts on November 21 and 22, Kuaishou ranks among the top three in repurchase strength in the Hong Kong stock market, second only to Tencent and AIA.

According to Kuaishou's latest released Q3 2024 financial report data, total revenue for Q3 2024 reached 31.1 billion RMB, a year-on-year increase of 11.4%. The adjusted net income reached 3.9 billion RMB.