On July 31, KUAISHOU-W rose 3.03% in regular trading, trading at HK$44.38/share, with turnover of HK$966 million.

On the news front, the Interactive Media sector rallied broadly, with peers including Baidu up 5.29%, Meitu up 15.42%, and Newborntown up 7.44%, creating a sector-wide linkage effect that lifted KUAISHOU-W. At the company level, KUAISHOU-W completed the cancellation of 14.7342 million repurchased shares on July 27, involving approximately HK$633 million at an average price of HK$42.88 per share. The company has executed 34 buybacks year-to-date, with cumulative repurchase amounts exceeding HK$1.9 billion, continuously reducing its outstanding share capital.

Additionally, BlackRock increased its holdings in KUAISHOU-W H-shares to 5.29%, signaling sustained institutional capital inflows. The combination of sector recovery momentum and confirmed share cancellation provided technical support following a period of prior consecutive declines.

(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.)