Kuaishou is adding insult to injury, with its stock price continuously falling while also being exposed for hosting a large number of pornographic and vulgar livestreams, resulting in a regulatory fine of 119.1 million yuan.
The fine amount is not fatal to the company, but it has a significant impact on market sentiment, serving as another reminder that the platform's governance issues remain unresolved.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
