Kuaishou Technology

2022 High Conviction - Kuaishou (1024 HK) – E-Commerce Live Broadcasting Still in Early Stage

Equity Bottom-Up
240 Views, 06 Dec 2021 09:23
Ming has highlighted this Insight as a Top Pick
EXECUTIVE SUMMARY
  • We believe e-commerce live broadcasting is a promising business and KS is a promising operator of the business.
  • It is rare among internet-based companies that KS’ user growth is accelerating.
  • We believe the stock has an upside of 46% and a price target of HK$120.
detail (5-minute read)
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Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)

A veteran with 19-year experience in equity research. Geographical coverage: * Companies operating in China, but listed... 

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