Orient Securities: Maintains "Buy" rating on Kuaishou-W (01024.HK) with a target price of HK$74.06.

According to the Smart Finance and Economic APP, Orient Securities released a research report predicting that the adjusted net profit attributable to the shareholders of Kuaishou-W (01024.HK) in 2026-2028 will be 17 billion/18.5 billion/20.4 billion yuan. Referencing comparable companies, the company was given a 17x PE valuation for 2026, with a corresponding fair value of 281.6 billion CNY, equivalent to 32.2 billion HKD (Hong Kong dollars to Chinese yuan exchange rate of 0.875). The target price is 74.06 Hong Kong dollars per share, with a maintained "buy" rating.