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Kanzhun's Strong Quarter Overshadowed By Broad Sell-Off In Chinese Stocks: Details
Chinese online recruitment platform Kanzhun Ltd (NASDAQ:BZ) reported a fiscal first-quarter 2024 revenue increase of 33.4% year-over-year to 1.70 billion Chinese yuan ($235.97 million), beating the analyst consensus estimate of $229.64 million.
Adjusted EPADS of $0.16 beat the analyst consensus estimate of $0.13. The stock price declined after the print in sync with other Chinese stocks following a record surge in bearish bets against China ETFs, ...