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KUAISHOU-W Slips ~13% in Early Trade, Foretells Amplified Capex in 2026
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KUAISHOU-W (01024.HK) opened 9.7% lower this morning. With the decline widening in the early session, it bottomed at HK$45.66. It last posted at HK$46.36, down 12.61%, with a turnover of 44.8748 million shares, amounting to HK$2.091 billion.

Kuaishou announced its fourth-quarter results ending December 31, 2025, after the market closed yesterday. The company reported a profit of RMB5.234 billion, a YoY increase of 31.7%. Revenue grew 11.8% YoY to RMB39.568 billion, above the consensus forecast of RMB38.746-38.991 billion from various brokers.

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According to non-IFRS measures, adjusted net profit for the fourth quarter hiked by 16.2% YoY to RMB5.463 billion, close to the upper limit of the forecast of RMB5.078-5.486 billion from six brokers as compiled by this website; adjusted EBITDA added by 17% YoY to RMB8.037 billion, ahead of the forecast of brokers surveyed, which ranged RMB7.26-7.89 billion.

Kuaishou CFO Jin Bing said that the group’s total capital expenditure is expected to reach RMB26 billion in 2026, an increment of about RMB11 billion compared to 2025.
AASTOCKS Financial News
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