GO
| HSI1 | 26,009.46 | 0.00 | -- |
| HSCEI1 | 8,634.34 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
|
2026-08-21 12:01:35 KUAISHOU-W (01024.HK)'s 2Q results were in line, but the slowdown in its core businesses, including e-commerce and livestreaming, was faster than expected, Nomura said in a research report. Therefore, the broker maintained its Neutral rating on the company, but cut its TP from HKD51 to HKD40. Based on KUAISHOU-W management's latest guidance, the company's e-commerce GMV in 2H was forecast to decline 9-10% YoY, significantly worsening from the broker's previous forecast of positive growth of 6-9%. The broker also mentioned that the overall e-commerce market is facing macro headwinds, but believed that Alibaba Group Holding Limited (BABA.US) and JD.com, Inc. (JD.US) are more resilient during the downturn cycle. ~ AASTOCKS Financial News Website: www.aastocks.com | |