Kuaishou-W (01024) repurchased 1.802 million shares on June 16 at a cost of HK$79.9751 million.

Kuaishou-W (01024) announced that on June 16, 2026, the company repurchased 1.802 million shares at a total cost of HK$79.9751 million, with repurchase prices ranging from HK$44.18 to HK$44.58 per share.

Zhitong Finance18:34

Express News | Computing Power Networks Launch Trillion-Yuan Investment Cycle to Support High-Quality Development in Artificial Intelligence and Other Sectors

Breakings16:42

HSBC Research: Recent market concerns over price competition among mainland MaaS tokens may be overblown.

HSBC Research published a report stating that China’s internet sector has underperformed year-to-date, primarily due to investor concerns over several factors: heightened AI-related spending and disruption from AI agents creating earnings risks; ongoing regulatory scrutiny—including fines related to food safety issues among platform merchants—as well as recent reviews of e-commerce subsidies, tax compliance, and restrictions on cross-border investments; geopolitical uncertainties, particularly the addition of more companies to the U.S. list of Chinese military companies; and weak consumer sentiment. The report noted that while some of these factors will continue to exert pressure in the near term, opportunities remain for select stocks with near-term catalysts.

AASTOCKSJun 15 13:59

《Major Brokerage》Jefferies: Anthropic's Fable 5 Tops Global Rankings; U.S.-China AI Capability Gap Widens to 13%

Jefferies published a report stating that Anthropic’s Fable/Mythos 5 has topped the global model intelligence rankings, widening the AI intelligence gap between the U.S. and China from 8% to 13%. Due to disparities in computing resources, this gap could widen further. Fable/Mythos 5 features 'anti-distillation' capabilities and has been added to U.S. export controls, which may make it more difficult for Chinese open-source models to catch up. Meanwhile, Anthropic has significantly doubled its API pricing, while Chinese pricing continues to decline against the backdrop of surging hardware costs.

AASTOCKSJun 15 10:15

Kuaishou-W (01024.HK): Koala AI Breaks Through: Multimodal Large Models Unlock Kuaishou's Growth Ceiling

Investment rationale: As one of China's top three short-video platforms, Kuaishou has developed a differentiated user base and content library, along with forward-looking technological investments. We are optimistic about the company’s prospects in the era of large models: 1) building globally leading video generation models and products, such as Kling.

Zheshang SecuritiesJun 14 07:52

Internet giants have raised nearly RMB 100 billion in offshore bond financing over the past year to fund their massive AI expenditures.

① On June 11, Tencent announced the successful issuance of RMB 15 billion in dim sum bonds with maturities of 10 to 30 years, marking the largest single dim sum bond offering this year. ② Bonds issued overseas by internet giants typically feature longer tenors, generally ranging from 5 to 10 years, better aligning with the investment and payback cycles in the AI sector.

cls.cnJun 12 20:11