On July 15, Kuaishou-W rose 3.42% in regular trading, trading at 45.22 HKD/share, with turnover of 16.27 billion HKD.
On the news front, the company repurchased approximately 539,600 Class B ordinary shares on July 14, spending approximately 23.92 million HKD, marking consecutive trading days of buybacks since July 7. Simultaneously, JPMorgan significantly increased its holdings in Kuaishou by approximately 30.76 million shares on July 7, involving approximately 1.279 billion HKD, raising its stake to 6.34%. Morgan Stanley's long position also surged from 2.38% to 6.21%.
The combination of sustained company buybacks and concentrated accumulation by major international investment banks has sent positive signals to the market, driving the stock to extend its rebound momentum following a period of pressure triggered by Tencent's earlier stake reduction.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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