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

Written By: TDG Syndication
Last Updated: December 23, 2025 09:06:06 IST

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)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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