On August 3, KUAISHOU-W rose 3.34% in regular trading, trading at HK$44.88/share, with turnover of HK$325 million. The stock extended its recent rebound momentum as the interactive media sector broadly advanced.

On the news front, multiple catalysts are providing support. The company announced on July 31 that its board will convene on August 19 to review unaudited consolidated interim results for the six months ended June 30, generating earnings anticipation. Additionally, the company completed the cancellation of 14.73 million repurchased shares on July 27, involving approximately HK$633 million. Year-to-date, KUAISHOU-W has executed 34 buybacks totaling over HK$1.9 billion, continuously reducing float. BlackRock also raised its stake to 5.29%, signaling sustained institutional inflows.

Within the Interactive Media and Services sector, BIDU-SW rose 3.49%, BILIBILI-W gained 2.78%, TENCENT advanced 2.57%, NEWBORNTOWN climbed 1.47%, and MEITU edged up 0.32%, reflecting broad sector strength.

(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.)