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The results of the Hang Seng Index quarterly review have been announced: Kuaishou-W and new oriental-S have been included, increasing the number of constituent stocks in the Hang Seng Index to 83.
On November 22, Hang Seng Index Limited announced the results of the quarterly review of the Hang Seng Index series as of September 30, 2024.
Kuaishou (01024) accelerates the execution of buybacks, having repurchased over 0.1 billion shares this year.
After the market closed on November 22, Kuaishou-W (01024) announced that it will spend 0.128 billion Hong Kong dollars to repurchase 2.87 million shares at a repurchase price of HK$44.1 to HK$45.45 per share.
HK stocks show abnormality | Included in the Hang Seng Index, Kuaishou shares rise by more than 5%.
Gelonghui, November 25 | Kuaishou-W (1024.HK) opened up 5.3%, reporting HKD 46.7. On the news front, Hang Seng Index Company released the quarterly review results of the Hang Seng Index series as of September 30, 2024, on Friday night, officially including Kuaishou-W (1024.HK) as a constituent stock of the Hang Seng Index, effective from December 9, 2024 (Monday). In addition, Jianyin International recently published research reports indicating that Kuaishou's revenue in the third quarter increased by 11% year-on-year, with profit growth reaching 24%, and commodity transaction volume (GMV) growth at 15%, which met expectations. Management pointed out that during the Double...
Market Update | Kuaishou rebounded over 4% during trading and will be included in the Hang Seng Index components at the beginning of next month, with the company's DAU growth exceeding expectations.
On November 22, the hang seng index company announced the results of the quarterly review of the hang seng index series as of September 30, 2024. All changes will be implemented after the market closes on December 6, 2024 (Friday) and will take effect from December 9, 2024 (Monday). Among them, Kuaishou-W and other symbols will be included in the constituent stocks of the hang seng index, increasing the number of constituent stocks from 82 to 83.
Hong Kong stocks movement | Kuaishou-W (01024) rose more than 5% during trading and will be included in the Hang Seng Index constituents early next month. The company's DAU growth exceeded expectations.
Kuaishou-W (01024) has risen over 5%, as of the time of writing, up 5.07%, priced at 46.6 Hong Kong dollars, with a trading volume of 0.742 billion Hong Kong dollars.
Everbright: Maintain a "buy" rating on Kuaishou-W (01024) with a target price of 60.3 HKD.
Everbright has raised Kuaishou's adjusted net income forecast for 2024 to 17.6 billion yuan.
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