Movement Alert|Kanzhun Limited Intraday Rise 4.08%, board sets November 25 meeting for third-quarter results release

Market Focus
Nov 13

On November 13, Kanzhun Limited rose 4.08% in Regular Trading, trading at $12.965/share, with turnover of $49.95 million.

The main disclosed event tied to the move was the company’s announcement that its board will meet on November 25 to review and approve unaudited results for the three months ended September 30, with management also scheduling an earnings conference call the same day.

Supporting context from recent disclosures shows analysts currently expect third-quarter revenue of about CNY2.459 billion, up 13.7% year over year, and earnings of CNY2.31 per share. The rebound followed a sharp prior selloff linked to weaker near-term recruitment demand concerns and a target-price cut, while the latest company update mainly clarified the timing of the upcoming earnings release rather than providing operating results.

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