Kuaishou-W (01024) rose over 5%, as of the time of writing, it is up 5.07%, priced at 46.6 HKD, with a transaction volume of 0.742 billion HKD.
According to Zhito Finance APP, Kuaishou-W (01024) rose over 5% during the session, as of the time of writing, it is up 5.07%, priced at 46.6 HKD, with a transaction volume of 0.742 billion HKD.
On November 22, the Hang Seng Index Company announced the results of its quarterly review for the Hang Seng Index series as of September 30, 2024, with all changes to be implemented after the market closes on December 6, 2024 (Friday) and effective from December 9, 2024 (Monday). Among them, Kuaishou-W and other symbols will be included in the Hang Seng Index constituent stocks, increasing the number of constituent stocks from 82 to 83.
Everbright Securities released a research report stating that Kuaishou's DAU growth exceeded expectations, with the accumulation of large models expected to be validated, showing an average DAU and MAU of 0.408 billion and 0.71 billion respectively for Q3 2024 (year-on-year +5.4%/+4.3%). While the user base continues to expand, it also achieves high-quality growth and content upgrades. The flow remains strong at a high level of growth, with Q3 2024 showing an average daily usage time per DAU of 132.2 minutes (year-on-year +1.8%), enhancing user retention through community interaction. The company continues to indicate that Kuaishou's external marketing services growth will be further amplified with the empowerment of AI tools, while in-app advertisements for short dramas will expand the consumer user base. The company expects that external circulation will remain the main driver moving forward, with internal circulation accompanying stable growth in e-commerce GMV.