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| HSI1 | 22,867.74 | +91.82 | 161.63B |
| HSCEI1 | 8,308.83 | +8.58 | 64.60B |
| Back Zoom + Zoom - Block Traded | |
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2025-04-28 14:39:45 Citi Research issued a research report retaining its 1Q25 results forecasts for KUAISHOU-W (01024.HK), and saying that GMV growth could reach 15% YoY as live streaming e-commerce is supported by continuous traffic. Advertising growth is likely to slow as expected, due to a higher base on party game ads in the same quarter of 2024, as well as a reduction in full page ads. The broker still believed that advertising growth is likely to accelerate despite growing e-commerce uncertainty, due to increased monetization on shelf-based e-commerce. Therefore, Citi Research kept its target price/ rating at $66/ Buy on KUAISHOU-W due to its undemanding valuation, no ADR delisting risk and considerable potential from Kling AI. ~ AAStocks Financial News Web Site: www.aastocks.com | |