STOCKS | Kuaishou Falls More Than 2% To Record Low

Kuaishou (01024) fell more than 2% to an all-time low of HK$30.54, according to ETNet. The stock traded as high as HK$31.18 and changed hands on 16.69 million shares worth HK$513 million. The active buy-sell ratio was 47:53, with net active selling of HK$27.03 million. The largest net passive buyer was China Investment Information at HK$45.86 million, while Citigroup Global Markets Asia was the largest net passive seller at HK$22.36 million. The stock has fallen for five straight sessions, down 10.1% in that span. Its RMB counter (81024) dropped 2.3% to RMB26.14, with turnover of 9,700 shares worth RMB255,100. Hong Kong's Hang Seng Index rose 0.2%, the Hang Seng China Enterprises Index gained 0.2%, and the Hang Seng Tech Index slipped 0.1%.