On July 14, Kuaishou-W rose 3.03% in regular trading, trading at HK$44.98/share, with turnover of HK$2.643 billion.

On the news front, the company repurchased 690,000 B-class ordinary shares on July 13 at prices between HK$43.24 and HK$43.64 per share, spending approximately HK$29.988 million. The company has conducted buybacks on consecutive trading days since July 7, accumulating significant repurchase volume. Meanwhile, JPMorgan Chase increased its stake by approximately 30.76 million shares on July 7 at an average price of HK$41.57, totaling approximately HK$1.279 billion, raising its holding ratio to 6.34%. Morgan Stanley also substantially increased its long position from 2.38% to 6.21%.

The concentration of international investment bank accumulation, combined with the company's sustained buyback program, has released positive signals and supported the stock's continued rebound following last week's sell-off triggered by Tencent's reduction of its stake from 15.68% to 9.37%.

(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.)