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Core Viewpoint - Kuaishou faced a significant security incident on December 22, 2023, where multiple live streams displayed explicit and violent content, leading to a temporary shutdown of the live streaming feature and a subsequent drop in stock price [2][3][5]. Group 1: Incident Overview - On December 22, around 10 PM, numerous Kuaishou live streams began showing explicit and violent content, with some streams attracting over 100,000 viewers [2]. - By midnight, Kuaishou's live streaming channel was cleared, displaying a "server busy" message when users attempted to access it [3]. - The live streaming feature was restored by 8 AM on December 23, with multiple streams back online [4]. Group 2: Company Response - Kuaishou officially stated that the platform was attacked by gray and black market entities around 10 PM on December 22 and that they were in the process of urgent repairs [5]. - The company reported the incident to relevant authorities and the police, emphasizing their commitment to resisting illegal content [5]. Group 3: Security Analysis - Security expert Tan Xiaosheng noted that Kuaishou employs strict manual and AI-assisted content review systems, which failed to activate promptly during the crisis, indicating potential system vulnerabilities [5]. - The decision to take down the live streaming feature two hours after the security breach reflects Kuaishou's intent to mitigate damage and prevent further violations [5]. Group 4: Market Impact - Following the incident, Kuaishou's stock price dropped by 5.47% at the opening on December 23, with a further decline of approximately 3.5% by 11:20 AM, resulting in a market value loss of nearly 10 billion [5].