On July 16, Kuaishou-W rose 4.07% in regular trading, trading at 46.7 HKD/share, with turnover of 8.9 billion HKD.
On the news front, BlackRock disclosed on July 15 that its stake in Kuaishou H-shares had risen to 5.29%, up from 4.71%. On the same day, the company repurchased approximately 445,000 Class B ordinary shares at a cost of around 19.88 million HKD, extending a streak of consecutive daily buybacks since July 7. Previously, JPMorgan significantly increased its holdings by approximately 30.76 million shares on July 7, raising its stake to 6.34%, while Morgan Stanley's long position surged from 2.38% to 6.21%. The concentrated accumulation by major international institutions, combined with sustained company buybacks, has released positive signals and continued to drive the stock's rebound trajectory.
(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.)