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| HSI1 | 24,647.26 | -126.07 | 189.97B |
| HSCEI1 | 8,859.92 | -23.03 | 62.51B |
| Back Zoom + Zoom - Block Traded | |
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2025-07-31 11:37:01 KUAISHOU-W (01024.HK) opened 0.1% higher this morning before continuing to hike, and once escalated 8.4% to a high of $78.45 in the intraday trading session. It last printed at $77.75, swelling 7.4%, with a turnover of $3.908 billion. Morgan Stanley released a research report predicting that KUAISHOU-W's 1H25 revenue will grow by 12% YoY to RMB35 billion, and adjusted net profit will increase by 10% YoY to RMB5.1 billion, roughly in line with its guidance. The broker lifted its target price for KUAISHOU-W by 12% from $60 to $67. Morgan Stanley extended its valuation benchmark forward by 6 months to June 2026, and incorporated the latest exchange rate forecasts, with rating kept at Equalweight. The broker also raised its bull case target price for KUAISHOU-W from $82 to $91, equivalent to a projected PE ratio of 17x. Morgan Stanley estimated that KUAISHOU-W's Kling will contribute approximately US$60 million in revenue this year. ~ AASTOCKS Financial News Website: www.aastocks.com | |