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KUAISHOU-W Adds ~1% as 2Q Adjusted Profit Beats with Special Div.
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KUAISHOU-W (01024.HK) opened higher by 0.21% today (22nd), reaching a peak of HK$72.95. It last quoted at HK$72.3, up 0.77%, with a trading volume of 19.2599 million shares, involving HK$1.362 billion.

In the second quarter, the company’s non-IFRS adjusted net profit hiked by 20.1% YoY to HK$5.618 billion, far exceeding expectations, marking a record high for single-quarter earnings.

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The board of Kuaishou announced its first special dividend since listing, amounting to HK$0.46 per share, totaling approximately HK$2 billion.
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