Kuaishou-W (01024) repurchased 1.093 million shares on June 11 at a cost of HK$49.968 million.

Kuaishou-W (01024) announced that on June 11, 2026, it repurchased 1.093 million shares at a cost of HK$49.968 million.

Zhitong FinanceJun 11 20:09

JPMorgan upgrades Kuaishou (01024.HK) to 'Overweight' and raises target price to HK$71

JPMorgan published a research report upgrading Kuaishou-W (01024.HK) to “Overweight” from “Neutral,” and raised its target price for the stock to HK$71 from HK$48, valid through December 2026. The firm expects the value of Kuaishou’s Kling AI to be unlocked within the next 12 months. Based on Kuaishou’s recent announcements and news reports, external fundraising by Kling AI would trigger a revaluation of the asset by Kuaishou. The firm currently values Kling AI at USD 3.5 billion, supported by an expected price-to-sales (P/S) multiple of 30x for 2027 (Kuaishou's current market capitalization

AASTOCKSJun 11 11:52

Cyberspace Administration of China: Strengthening Online Ecosystem Governance and Regulating Minors' Internet Use

The Cyberspace Administration of China (CAC) convened the National Conference on Online Ecosystem Governance in Beijing yesterday (the 10th). The meeting emphasized that strengthening online ecosystem governance is a crucial measure for steadfastly advancing the building of China into a cyber power, an intrinsic manifestation of implementing the people-centered development philosophy, and a foundational guarantee for promoting the healthy development of the platform economy. It stressed the need to elevate political awareness, deepen understanding, and further enhance the sense of responsibility, mission, and urgency in carrying out online ecosystem governance. Clear objectives and tasks must be established, with focused attention on key priorities, to continuously improve the capacity and effectiveness of online ecosystem governance. Efforts should be made to address both symptoms and root causes, enhance the quality and efficacy of special rectification campaigns, refine long-term governance mechanisms, and

AASTOCKSJun 11 10:42

Hong Kong-listed tech and internet stocks may face a revaluation opportunity, with Tencent and Kuaishou both posting modest gains.

① What were Keling AI's revenue and annual recurring revenue in the first quarter of 2026, respectively? ② What is the current status of the WeChat Moments search feature?

cls.cnJun 11 10:19

Kuaishou Technology Stock Rallies 3.8% in Hong Kong

Dow JonesJun 10 16:31

China Galaxy Securities Media and Internet Mid-Year Strategy 2026: Gradual Technological Iteration, Applications and Industries Poised for Breakthrough

The bank believes that the industry's investment theme is likely to be transmitted down the industrial chain, and the application segment could undergo a systematic revaluation.

Zhitong FinanceJun 10 15:35