$KUAISHOU-W(01024.HK)

Kuaishou Technology : Price Pressured, Fundamentals Hold Strong

Kuaishou has seen a steep drop recently, falling from around HKD 84 to roughly HKD 40. Investors are understandably concerned.

The current sell‑off appears driven more by sentiment than any real decline in business performance.

🔷 3 main possible reasons

🟢 Tencent’s recent block sale of Kuaishou shares increased supply and dampened confidence

🟢 Broad profit‑taking across China’s internet sector added to pressure

🟢 Worries over slower advertising growth also weighed on sentiment

🔷 Technical Snapshot

The trend remains weak:

🟢 Price stays below key moving averages; RSI ~42 shows no real recovery in momentum

🟢 Touched the lower Bollinger Band, but no confirmed reversal signal yet

🟢 Support: HKD 39–40

Resistance: HKD 45–48

🔷 Fundamentals Snapshots (Remain Solid)

🟢 Consistent profitability and strong balance sheet

🟢 Valuation is modest compared to global internet peers

🟢 Investing in AI via its Kling video‑generation model, opening up long‑term potential

🟢 Most analysts stay positive, with consensus targets well above current levels

🔷 The Verdict

For now, I am watching and waiting. Instead of catching a falling knife, it will be smarter to look for signs the downtrend stabilises first. Patience is key to managing risk here.

What does you think? 🤔 let’s discuss 👇

Not financial advice. Personal view. Always do your DD.