Kuaishou's Advertising, E-Commerce Business May Remain Strong -- Market Talk

Dow Jones05-30

0705 GMT - Kuaishou is likely to have continued strength in advertising and e-commerce this year, according to Morningstar analyst Kai Wang in research note. The company's capacity to increase its advertising inventory should drive advertising revenue growth, he says. The short-video company can also increase the number of advertisements embedded between its videos, he says. Additionally, livestreaming e-commerce is expected to remain a secular trend for Chinese consumption, mirroring growth on other platforms, he adds. The analyst keeps a fair value estimate of HK$77.00. Shares are 0.5% higher at HK$55.45. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

May 30, 2024 03:05 ET (07:05 GMT)

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Additionally, livestreaming e-commerce is expected to remain a secular trend for Chinese consumption, mirroring growth on other platforms, he adds. The analyst keeps a fair value estimate of HK$77.00. Shares are 0.5% higher at HK$55.45. 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The company's capacity to increase its ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1591","symbol_name":"就地过年概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2439660288","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2439660288","pubTimestamp":1717052700,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0705 GMT - Kuaishou is likely to have continued strength in advertising and e-commerce this year, according to Morningstar analyst Kai Wang in research note. 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