Kuaishou Technology Ordinary Shares - Class B
01024: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| x#d | LOCK|S<Z | LOCK|xfZ$Y> |
Kuaishou Earnings: Advertising Revenue Benefiting From AI Tailwinds; Shares Undervalued
Kuaishou posted 13% year-on-year revenue growth in the second quarter, with recurring operating profit up 35%. Its video AI generator, Kling, grew revenue by over 70% sequentially. Management also announced its first special dividend of HKD 2 billion, representing a 36% payout for the quarter.
