On September 22, KUAISHOU-W rose 3.24% in regular trading, reaching HK$31.84 per share with turnover of HK$533 million, as the broader Interactive Media & Services sector staged a broad-based rally.

On the sector front, heavyweight TENCENT surged 7.35%, BIDU-W gained 3.71%, and BILIBILI-W advanced 2.97%, reflecting a notable rebound in sentiment across Chinese internet names. The sector-wide strength provided a favorable tailwind for KUAISHOU-W.

At the company level, KUAISHOU-W has maintained a high-frequency buyback cadence throughout September. On September 21, the company repurchased 486,000 Class B shares at prices between HK$30.68 and HK$30.86, spending approximately HK$14.97 million. Cumulative September buybacks have exceeded HK$100 million, consistently signaling management confidence in intrinsic value. Meanwhile, Zheshang Securities recently reiterated a Buy rating, highlighting Keling AI's commercialization momentum — Q2 Keling revenue surpassed RMB 850 million, growing over 200% year-over-year — though noting near-term profit pressure from elevated AI R&D spending, with adjusted net profit declining 30.3% in Q2.

(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.)