STOCKS | Kuaishou Falls More Than 3% To 52-Week Low

Kuaishou (01024) fell more than 3% to an intraday low of HK$32.04, its 52-week low, with turnover of 29.47 million shares worth HK$956 million, according to ETNet. The stock was last down 3.03% at HK$32.04 and has fallen for two straight sessions, bringing the cumulative decline to 5.7%. Its yuan-denominated counter (81024) dropped 3.2% to RMB27.44. The Hang Seng Index was down 0.4%, the Hang Seng China Enterprises Index fell 0.7%, and the Hang Seng Tech Index lost 1.2%.