Morgan Stanley see Kuaishou’s Q2 results to beat consensus, with Overweight rating

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Morgan Stanley said Chinese short video-sharing platform Kuaishou's second-quarter results is expected to beat market consensus with positive surprises from its GMV and gross profit.

The company will release the results by the end of the month.

Kuaishou's e-commerce Gross Mechandize Value (GMV) is expected to grow by more than 30% year over year in June, and the growth accelerated further in early July, primarily driven by company-specific factors such as higher utilization of . . .

 

 

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