Kuaishou Technology
1024.HK · HKSE
Market closed43.28-3.64 (-7.76%)
Key statistics
Previous close46.92
Open47.18
Day high47.40
Day low43.28
52-week high92.60
52-week low39.72
Market cap185.70B
Volume83.65M
Average volume67.49M
P/E ratio9.33
Forward P/E—
EPS4.64
Dividend yield+2.66%
Market context
Why it moved
1024.HK (Kuaishou Technology) fell sharply as growing concerns over AI spending sustainability and disappointing semiconductor earnings triggered a broad selloff in global tech stocks, with Nasdaq futures dropping significantly and investor sentiment toward high-valuation technology names deteriorating sharply.
What is happening
Recent company-specific developments and publisher coverage.
TradingView · July 7, 2026Tencent Seeks Up to $1.55 Billion in Kuaishou Stake SaleSimply Wall Street · July 7, 2026Kuaishou Technology (SEHK:1024) Faces A Tencent Selldown And Kling AI Backing, Is It A Bargain?Bloomberg · July 6, 2026Tencent Seeks to Sell Up to $1.6 Billion Stake in KuaishouCNBC · July 3, 2026Kuaishou shares jump after Tencent joins $2.8 billion raise for Kling AI subsidiaryBigGo Finance · July 2, 2026Kling AI Secures $3 Billion Funding at $18 Billion Valuation, Tencent Joins as Investor Ahead of Hong Kong IPOSouth China Morning Post · May 12, 2026Ai | Kuaishou shares soar as Kling AI eyes US$20b valuation in potential spin-off Mt Newswire · July 7, 2026Tencent Trims Kuaishou Stake, Exits as Substantial Shareholder Mt Newswire · July 3, 2026Kuaishou Technology's Kling AI Unit Secures Initial 13.8 Billion Yuan Investment Mt Newswire · May 29, 2026Nomura Adjusts Kuaishou Technology's Price Target to HK$51 From HK$57, Keeps at Neutral Mt Newswire · May 27, 2026Kuaishou Technology's Profit Falls in Q1 Mt Newswire · May 12, 2026Kuaishou Technology Mulls Restructuring Proposal for Kling AI Business Mt Newswire · March 26, 2026Jefferies Adjusts Kuaishou Technology's Price Target to HK$82 From HK$106, Keeps at Buy Mt Newswire · March 26, 2026Nomura Downgrades Kuaishou Technology to Neutral From Buy, Adjusts Price Target to HK$57 From HK$77 Mt Newswire · March 25, 2026Kuaishou Technology Logs Higher Profit, Revenue in 2025