KUAISHOU-W's stock price surged 5.01% during Thursday's intraday trading session, marking a significant upward movement for the company's shares.
The sharp rise appears driven by positive signals from major institutional investors and the company's own actions. BlackRock recently increased its stake in Kuaishou H-shares to 5.29%, up from 4.71%, while the company has been conducting consecutive daily share buybacks. Additionally, other international institutions including JPMorgan and Morgan Stanley have significantly increased their holdings in recent days. This concentrated accumulation by major investors, combined with sustained company repurchases, has provided strong support for the stock's ongoing rebound trajectory.