Kuaishou Technology Ordinary Shares - Class B

01024: XHKG (HKG)
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Kuaishou Earnings: Profitability Improves on Marketing Efficiency; Shares Undervalued

Kuaishou delivered 14% year-on-year revenue growth in the third quarter, driven by robust advertising revenue. Operating profit surged over 70%, primarily due to effective control of marketing costs. Management’s outlook for the fourth quarter points to a slight slowdown in revenue growth.

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