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<Research>CICC Keeps KUAISHOU-W's TP at HKD89; 3Q Results in Line
Recommend 5 Positive 14 Negative 4 |
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According to CICC's research report, KUAISHOU-W (01024.HK)'s 3Q25 revenue grew by 14% YoY to RMB35.6 billion, exceeding the broker's expectation of RMB35.4 billion. KUAISHOU-W's non-IFRS net profit attributable to shareholders of RMB4.99 billion also surpassed CICC's forecast of RMB4.82 billion, while its GMV climbed by 15% YoY to RMB385 billion, higher than the broker's expectation of RMB384 billion. Overall, its results were in line with the broker's expectations. CICC kept an Outperform rating and a target price of HKD89 for KUAISHOU-W. AAStocks Financial News |
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