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| HSI1 | 26,984.72 | +424.77 | 152.41B |
| HSCEI1 | 9,156.95 | +125.57 | 51.43B |
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2026-02-09 10:38:06 The Beijing cyberspace administration has issued a warning and a fine of RMB119.1 million to KUAISHOU-W (01024.HK) for failing to fulfill its network security protection obligations and take timely measures to stop the spread and to remove inappropriate content in its live streaming business, according to Citi's research report. The company has also been ordered to rectify its business within a specified period. In Citi's opinion, the fine is manageable for KUAISHOU-W, and the rectification requirements have limited impact (if any) on the operation of its live streaming and e-commerce businesses. In other words, the regulatory scrutiny may have at last concluded. Given the promise of KUAISHOU-W's Kling AI, Citi has kept a Buy rating on KUAISHOU-W with a target price of HKD95. ~ AAStocks Financial News Web Site: www.aastocks.com | |