智通财经APP讯，快手-W(01024)发布公告，于2025年12月22日，该公司斥资2995.7万港元回购44.9万股 股份，每股回购价格为2.7港元;根据首次公开发售后购股权计划 (于 18/01/2021采纳)行使期权而发行1.5 万股股份。 ...

格隆汇12月22日丨快手-W(01024.HK)公告，12月22日耗资2995.7万港元回购44.9万股。 ...

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 快手科技（於開曼群島註冊成立以不同投票權控制的有限公司） 呈交日期： 2025年12月22日 FF305 第 1 頁 共 7 頁 v 1.3.0 | | | B. 贖回/購回股份 (擬註銷但截至期終結存日期尚未註銷) (註5及6) | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1). | 購回股份擬註銷但尚未註銷 | | 462,000 | 0.0107 % | HKD | 64.7845 | | | 變動日期 | 2025年12月15日 | | | | | | 2). | 購回股份擬註銷但尚未註銷 | | 1,823,100 | 0.0422 % | HKD | 63.5297 | | | 變動日期 | 2025年12月16日 | | | | | | 3). | 購回股份擬註銷但尚未註銷 | | 1,283,000 | 0.0297 % | HKD | 64.721 | | | 變動日期 | 2025年 ...

一路走来，金稻扎根快手电商生态，持续升级经营策略。入驻快手之初，金稻便看到了快手电商信任生 态的巨大商机，与平台主播建联，通过达人分销合作，快速提升品牌知名度和影响力，打开广阔的生意 空间。同时，金稻品牌充分利用达人切片进行持续性种草和转化，促进用户资产快速沉淀，带动产品销 售持续增长。 聚焦直播场域，金稻重点搭建品牌运营团队，加强@金稻旗舰店 等官号直播能力建设，形成自播和达 播双轮驱动，并依托快手用户与品牌目标人群的高度重合，不断将平台流量转化为品牌用户，持续扩大 经营规模。 在平台全域经营生态下，快手电商流量扶持专项"商品卡川流计划"助力众多品牌商家在商城场域收获精 准曝光和高效转化，解锁更多生意增量。专业洗护品牌金稻依托商品卡川流计划赋能，实现泛货架生意 规模快速增长，商品卡在品牌总GMV中的占比已超30%。 经营升级驱动持续增长 品牌在快手平台年GMV超8000万 多年来，金稻不断深化多渠道布局，2021年正式进入快手，由此迎来品牌业绩的持续增长。发展至今， 快手电商已成为金稻最主要的销售渠道。2025年，金稻GMV规模超亿元，其中超8000万来自快手电 商。 作为快手电商面向具备内容场销售能力和商 ...

Group 1 - The overall market sentiment has recently declined, leading to a correction in the online platform sector, with current valuations between the mean and the 25th percentile [1] - The sector's fundamentals remain robust, with healthy growth in key areas such as advertising and gaming, and major companies like Tencent showing improved profit margins and operational leverage [1] - AI is still in a phase of rapid development, and compared to aggressive capital expenditures by overseas tech giants, domestic internet companies are making more practical and sustainable investments, indicating that AI will be a significant growth opportunity for some internet companies in the future [1] Group 2 - Overall, the fundamentals are stable, AI potential remains, but valuations are decreasing, which enhances the attractiveness of the sector [1] - The core recommendation is Tencent Holdings, with additional attention suggested for Kuaishou, NetEase, Zhiyuan Technology, and Bilibili [1]

证券时报·数据宝统计，快手-W在港交所公告显示，12月19日以每股65.400港元至66.600港元的价格回 购75.50万股，回购金额达4995.09万港元。该股当日收盘价66.300港元，上涨1.45%，全天成交额13.96 亿港元。 自12月15日以来公司已连续5日进行回购，合计回购555.81万股，累计回购金额3.59亿港元。 其间该股 累计下跌1.70%。 快手-W回购明细 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.12.19 | 75.50 | 66.600 | 65.400 | 4995.09 | | 2025.12.18 | 123.50 | 65.600 | 64.350 | 8021.93 | | 2025.12.17 | 128.30 | 65.550 | 63.900 | 8303.70 | | 2025.12.16 | 182.31 | 64.400 | 63.050 | 11582.10 | | 2025.12.15 | 46.20 | 6 ...

Core Insights - Kuaishou's e-commerce ecosystem is significantly bolstered by the "Product Card Flow Plan," which has led to over 32% of the GMV from the general merchandise shelf during Q3 2025, enhancing brand visibility and sales growth [1][3] - The collaboration between content and merchandise has allowed brands like Blue Moon and Han Shu to effectively convert live streaming and short video engagement into sustained sales, particularly during the year-end shopping festival [1][3] E-commerce Performance - During the year-end shopping festival from December 3 to 16, Han Shu's exposure through the Product Card Flow Plan exceeded 3.8 million, with a 75% increase in GMV for their stores, and some products saw GMV doubling [3][10] - Blue Moon's GMV in the general merchandise shelf surpassed 10 million yuan in 2025, benefiting from the synergy of content and merchandise [3][10] Product Card Flow Plan - The Product Card Flow Plan incentivizes brands that can effectively utilize both content sales and merchandise operations, allowing for targeted traffic recommendations based on user interest generated from content [3][4] - Brands must meet specific criteria to qualify for the flow of traffic, including having a distribution permission and maintaining a minimum product rating [4] Brand Strategies - Blue Moon has focused on live streaming and collaborations with influencers to maintain a high level of exposure, averaging over 16 hours of daily live broadcasts [5][6] - Han Shu has adopted a strategy of keeping popular products consistently available and enhancing product listings to improve click-through and conversion rates [10][11] Future Plans - Both Blue Moon and Han Shu aim to deepen their collaboration with Kuaishou, leveraging the Product Card Flow Plan to explore new growth opportunities and enhance their operational strategies [13]

快手-W(01024)发布公告，于2025年12月19日，该公司斥资4995.09万港元回购75.5万股股份，每股回购 价格为65.4-66.6港元。于同日根据首次公开发售后购股权计划行使期权而发行2.77万股股份;根据首次公 开发售前雇员持股计划行使期权而发行3100股股份;注销260.9万股已回购股份;转换635.41万股A类普通 股至B类普通股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 快手科技（於開曼群島註冊成立以不同投票權控制的有限公司） 呈交日期： 2025年12月19日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | B | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 01024 | 說明 | | | | | | | | 多櫃檯證券代號 | 81024 | RMB 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | ...

Core Viewpoint - Kuaishou-W has been actively repurchasing shares, indicating management's confidence in the company's future prospects and a belief that the current stock price is undervalued [1][2]. Group 1: Share Repurchase Activity - On December 18, Kuaishou-W repurchased 1.235 million shares at an average price of 64.95 HKD per share, totaling approximately 80.22 million HKD [1]. - The total shares repurchased this year amount to 51.31 million, representing 1.18% of the total share capital [1]. - The company has been executing a share repurchase plan since 2023, with a total expenditure of about 3.997 million HKD for 714,400 shares in March 2024 [1]. Group 2: Company Performance and Market Position - Kuaishou-W, listed on the Hong Kong Stock Exchange, is a leading content community and social platform in China, with an average daily active user count of 387 million as of Q3 2023 [2]. - The company's total e-commerce transaction volume grew by 30.4% year-on-year to 290.2 billion CNY [2]. - Kuaishou's total revenue for the first three quarters of 2023 reached 90.4 billion CNY, with a focus on online marketing services, live streaming rewards, and e-commerce [2]. - The company has invested over 10 billion CNY in AI technology research and development in 2023, maintaining its competitive edge through its unique "Lao Tie Economy" ecosystem and advantages in lower-tier markets [2].