Nomura said Kuaishou (01024.HK) reported Q2 results broadly in line with expectations, but its core businesses (e-commerce and livestreaming) are slowing faster than the bank had expected. Nomura maintained a Neutral rating and cut its PT to HK$40 from HK$51.

2026-08-21

Nomura said Kuaishou (01024.HK) reported Q2 results broadly in line with expectations, but its core businesses (e-commerce and livestreaming) are slowing faster than the bank had expected. Nomura maintained a Neutral rating and cut its PT to HK$40 from HK$51.