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China’s Kuaishou falls to near five-week low on report of cyberattack

By Thomson Reuters Dec 22, 2025 | 9:25 PM

HONG KONG, Dec 23 (Reuters) – Shares of Kuaishou ‍Technology dropped by as much as 6% on Tuesday to HK$62.70 ($8.06), their ‌lowest since ‌November 21, after media reported that the Chinese short video platform ​experienced a sudden surge of ‍explicit ​content because of ​a cyberattack on ‍Monday.

The stock is set for its biggest one-day percentage drop since ‍October 14 and was the top percentage ‍decliner ‍on the ​Hang Seng Tech ​Index, ⁠which was ‌down 0.5%.

($1 = 7.7770 Hong Kong dollars)

(Reporting by Hong Kong newsroom; Editing by Christian ⁠Schmollinger)