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54841 UB#KUASORP2712B (R BEAR)
RT Nominal down0.216 -0.001 (-0.461%)

26/07/2024 15:10

{I-bank focus}Morgan lowers Kuaishou (01024) to HKD50

[ET Net News Agency, 26 July 2024] Morgan Stanley lowered the target price for Kuaishou
(01024) to HKD50 from HKD55 and maintained the "equal-weight" rating.
The research house said it lowers 2024-26E EPS by 3-6%, mainly due to lower GMV and
advertising revenue, amid weaker China macro. (rc)

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