On June 25, Kuaishou-W fell 3.08% in regular trading, trading at HK$41.78/share, with turnover of HK$299 million. The stock has now declined for four consecutive trading sessions, extending a multi-day sell-off that began on June 22.

On the news front, southbound capital reduced its holdings in Kuaishou-W by 2.4767 million shares on June 24. Over the past 5 trading days, southbound funds sold on 4 occasions with a cumulative net reduction of 14.1233 million shares. Over the past 20 trading days, net selling occurred on 12 days with a cumulative reduction of 37.2387 million shares. Southbound capital currently holds 778 million shares, representing 17.97% of issued shares.

Within the Interactive Media and Services sector, stocks broadly weakened. Tencent fell 1.59%, Baidu-SW fell 3.17%, Bilibili-W fell 0.32%, and Newborntown fell 0.79%, while Meitu rose 0.26%. Large sell orders were also observed in recent sessions, intensifying downward pressure on the stock.

(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.)