HK Connect SOUTHBOUND Flows (To 20 Dec 2024); Financials and Telecoms Still Tops
SOUTHBOUND volumes fell this week vs last week, but the pace of net buying continues unabated. There is a LOT of financials and telecom buying...
309 Views
HSI, HSCEI, HSTECH, HSIII: Rebalance Flows Post Capping (Sep 2024)
The September rebalance of the HSI, HSCEI, HSTECH and HSIII indices will use today's closing prices for capping. The round-trip trade across the...
447 Views
[Kuaishou (1024 HK ,BUY, TP HK$75) TP Change]: Temporary Setback from Weak Macro…Reiterate BUY
Kuaishou reports in-line revenue and profit, strong growth in advertising, and stable live streaming despite regulation impact.
421 Views
KS / Kuaishou (1024 HK): 2Q24, Significant Margin Improvement and 100% Stock Upside
The gross margin improved 5 pp (percentage points) YoY and the operating margin improved 7 pp YoY in 2Q24. In 2Q24, total revenue grew by 12% YoY,...
241 Views
KS/Kuaishou (1024 HK): 2Q24 Preview, 2-Digit Growth, 5th Profitable Quarter, and Significant Upside
We believe revenue will grow by 11% YoY and the company will be profitable for the fifth quarter in 2Q24. We believe both adverting and e-commerce...
191 Views