Kuaishou to pay first dividend since Hong Kong IPO as AI tools lift results

By Danielle Popov

Kuaishou to pay first dividend since Hong Kong IPO as AI tools lift results

Kuaishou Technology on Thursday declared a special dividend totalling HK$2 billion (US$256 million), marking the first time China鈥檚 No 2 short video app operator will make such payment since its US$5.4 billion Hong Kong listing in 2021.
The Beijing-based company said it would pay a special dividend of HK$0.46 per share after reporting better-than-expected financial results in the second quarter, driven by gains made from its artificial intelligence tools, according to its filing. Dividend…

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