[Citi: Raise Kuaishou's target price to HK$88] Citibank's report predicts that Kuaishou's second-quarter performance will be in line with expectations, GMV is expected to grow by 14% year-on-year, advertising business will accelerate growth, and Keling's profitability is expected to be good. The report believes that Kuaishou's growth momentum is expected to continue in the second half of the year, especially in shelf-style e-commerce advertising. In view of this, Citi raised Kuaishou's target price from HK$66 to HK$88 and maintained its "buy" rating.FXBus

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2025-07-29 13:31:19

[Citi: Raise Kuaishou's target price to HK$88] Citibank's report predicts that Kuaishou's second-quarter performance will be in line with expectations, GMV is expected to grow by 14% year-on-year, advertising business will accelerate growth, and Keling's profitability is expected to be good. The report believes that Kuaishou's growth momentum is expected to continue in the second half of the year, especially in shelf-style e-commerce advertising. In view of this, Citi raised Kuaishou's target price from HK$66 to HK$88 and maintained its "buy" rating.

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