On July 20, Kuaishou-W rose 4.16% in regular trading, trading at HK$45.28/share, with turnover of HK$364 million. The stock staged a technical rebound after plunging 7.76% on July 17 alongside a 5% drop in the Hang Seng Tech Index.

On the news front, the company continues aggressive share repurchases. On July 17, Kuaishou repurchased approximately 1.1076 million shares at prices between HK$43.26 and HK$44.28, spending roughly HK$48.62 million. Year-to-date, the company has conducted 35 buybacks totaling approximately HK$1.969 billion in cumulative repurchase value. Additionally, JPMorgan recently increased its stake by approximately 30.76 million shares at around HK$41.57 per share, bringing its holding to 6.34%, while BlackRock raised its position to 5.29%.

The Interactive Media and Services sector rallied broadly, with Bilibili-W up 6.1%, Newborntown up 5.61%, Tencent up 3.08%, and Meitu up 2.78%, reflecting broad-based sector sentiment recovery.

(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.)