Core Viewpoint - KANZHUN LIMITED is actively executing its share repurchase program, demonstrating a strong commitment to enhancing shareholder returns [1] Group 1: Share Repurchase Program - The company utilized approximately RMB34.5 million to repurchase 744,334 ordinary shares on March 30, 2026 [1] - Year-to-date in 2026, KANZHUN LIMITED has deployed over RMB576 million towards share repurchases [1] - This ongoing repurchase activity highlights the company's focus on returning value to its shareholders [1]

Core Viewpoint - KANZHUN LIMITED is actively executing its share repurchase program, demonstrating a strong commitment to enhancing shareholder returns [1] Group 1: Share Repurchase Program - The company utilized approximately RMB34.5 million to repurchase 759,056 ordinary shares on March 27, 2026 [1] - Year-to-date in 2026, KANZHUN LIMITED has allocated over RMB540 million for share repurchases [1] - This ongoing repurchase activity reflects the company's strategy to return value to its shareholders [1]

Core Viewpoint - KANZHUN LIMITED is actively executing its share repurchase program, demonstrating a strong commitment to enhancing shareholder returns [1] Group 1: Share Repurchase Program - The company utilized approximately RMB23.6 million to repurchase 506,252 ordinary shares on March 26, 2026 [1] - Year-to-date in 2026, KANZHUN LIMITED has allocated over RMB500 million towards share repurchases [1] - This ongoing repurchase activity highlights the company's focus on returning value to its shareholders [1]

Core Viewpoint - KANZHUN LIMITED is actively executing its share repurchase program, demonstrating a strong commitment to enhancing shareholder returns [1] Group 1: Share Repurchase Program - The company utilized approximately RMB34.4 million to repurchase 748,460 ordinary shares on March 25, 2026 [1] - Year-to-date in 2026, KANZHUN LIMITED has allocated over RMB480 million towards share repurchases [1]

Core Viewpoint - Kanzhun Limited (NASDAQ:BZ) is considered a strong buy stock under $20, despite a recent price target cut by Barclays from $28 to $19, while maintaining an Overweight rating due to better-than-expected fiscal Q4 results [1]. Financial Performance - For fiscal Q4 2025, Kanzhun reported total paid enterprise customers of 6.8 million, an increase of 11.5% from 6.1 million in the previous year [2]. - Revenue for Q4 was RMB2,078.5 million (approximately US$297.2 million), reflecting a 14.0% increase from RMB1,823.6 million in the same quarter last year [2]. - For the full year 2025, revenues reached RMB8,267.5 million (approximately US$1,182.2 million), marking a 12.4% increase from RMB7,355.7 million in 2024 [2]. Market Position and Outlook - Kanzhun Limited provides online recruitment services and value-added tools for job seekers, indicating a solid market presence [3]. - While Kanzhun shows potential as an investment, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk [3].

Group 1 - Kanzhun Ltd. (BZ) has received a buy rating due to its investments in AI, which are enhancing recruiters' ROI and job seekers' engagement [1] - The company is focused on improving its performance through various investment strategies, including fundamental, technical, and momentum investing [1] Group 2 - The article serves as a platform for tracking investment ideas and connecting with like-minded investors [1]

Core Viewpoint - The company is actively executing its share repurchase program, demonstrating a strong commitment to shareholder returns and confidence in its long-term growth potential [1][2][4]. Share Repurchase Program - On March 24, 2026, the company utilized approximately RMB34.4 million to repurchase 748,552 ordinary shares, bringing the total share repurchase expenditure for the year to nearly RMB450 million [1]. - The board approved an increase in the total authorization for the share repurchase program to up to US$400 million, which will be effective through August 28, 2027 [2]. Dividend and Share Repurchase Allocation - Starting from 2026, the company will allocate no less than 50% of its adjusted net income from the preceding fiscal year for dividends and share repurchases over the next three years [3]. - The board retains the discretion to adjust the share repurchase and dividend plan based on various factors, including financial performance and market conditions [3]. Management Confidence - These initiatives reflect the management's confidence in the company's long-term growth and commitment to delivering sustainable value to shareholders [4].

Core Viewpoint - The recruitment market is showing signs of recovery, with BOSS Zhipin's 2025 financial report providing insights into economic trends and job market dynamics [4][5]. Group 1: Recruitment Market Recovery - The national urban survey unemployment rate averaged 5.2% in 2025, lower than the expected target of around 5.5%, indicating overall employment stability [6]. - Employment in sectors such as transportation, accommodation, and information transmission has increased compared to the previous year, while manufacturing employment remains stable [6][8]. - Blue-collar jobs and lower-tier markets are the first to feel the recovery, with significant job demand in manufacturing, local services, and transportation [8]. Group 2: White-Collar Job Market - The recovery in the white-collar job market is occurring at a slower pace, but structural improvements are evident, particularly in internet technology and semiconductor sectors [10]. - AI-related job demand has surged, with a 74.1% year-on-year increase in new AI job postings on the platform, significantly higher than the previous year's 36.5% [10][11]. Group 3: Market Dynamics and Platform Growth - BOSS Zhipin's sales and marketing expenses decreased by 18% in 2025, while the average monthly active users grew by 14.5%, indicating a shift towards organic growth driven by network effects [19]. - The number of paid enterprise clients reached 6.8 million, a year-on-year increase of 11.5%, reflecting the platform's ability to attract both supply and demand [19][21]. - The platform facilitated 2.27 billion successful matches in 2025, a 22.4% increase from the previous year, showcasing improved matching efficiency [22][23]. Group 4: AI Integration in Recruitment - BOSS Zhipin has introduced AI deep search capabilities to enhance recruitment efficiency by better understanding employer needs and preferences [28][30]. - The conversational AI assistant "ZhiShanShan" saw a user growth of over 200% in Q4 2025, providing services like resume optimization and interview preparation [32][34]. - AI has also improved safety and risk control measures, with approximately 80% of fraudulent accounts identified by the AI risk control system in 2025 [39].

Core Viewpoint - The company is demonstrating a strong commitment to shareholder returns through an expanded share repurchase program and a structured dividend policy, reflecting confidence in its long-term growth potential [1][2][3][4] Group 1: Share Repurchase Program - The company has utilized approximately RMB34.5 million to repurchase 733,918 ordinary shares on March 20, 2026, and has deployed around RMB380 million year-to-date in 2026 for share repurchases [1] - The board of directors approved an increase in the total authorization for the share repurchase program to up to US$400 million, extending the program through August 28, 2027 [2] Group 2: Dividend Policy - Starting from 2026, the company will allocate no less than 50% of its adjusted net income from the preceding fiscal year for dividends and share repurchases over the next three years [3] - The board retains the discretion to adjust the share repurchase and dividend plan based on various factors, including financial performance and market conditions [3] Group 3: Management Confidence - These initiatives reflect the management's confidence in the company's long-term growth and commitment to delivering sustainable value to shareholders [4]

Core Viewpoint - RWC Asset Advisors (US) LLC has reduced its stake in Kanzhun Limited, indicating a strategic shift amidst challenging market conditions for Chinese firms, despite Kanzhun's strong business performance [2][10]. Company Overview - Kanzhun Limited is a leading provider of online recruitment solutions in China, operating the BOSS Zhipin platform to connect job seekers with employers [5][8]. - The company reported a market capitalization of $6 billion, with a revenue of $1.16 billion and a net income of $360.59 million for the trailing twelve months (TTM) [4]. Recent Transaction Details - RWC Asset Advisors sold 834,689 shares of Kanzhun Limited, valued at approximately $18.03 million based on average pricing during the quarter [1][2]. - Following the sale, Kanzhun's position in RWC's portfolio decreased from 8.96% to 5.83% of their 13F reportable assets under management (AUM) [7]. Financial Performance - Kanzhun's revenue for the full year reached about $1.18 billion, with net income increasing by 72% year over year to approximately $385 million, indicating strong operational leverage [9]. - Despite the solid financial performance, Kanzhun's shares have declined by 34% over the past year, underperforming the S&P 500, which increased by 15% during the same period [7][10]. Market Context - The reduction in Kanzhun's stake by RWC Asset Advisors reflects a broader trend of risk management in response to macroeconomic and geopolitical challenges faced by Chinese firms [10][11]. - The portfolio of RWC Asset Advisors is heavily weighted towards commodities and emerging markets, suggesting a strategic pivot away from technology firms in China until market sentiment stabilizes [11].