CoreView increases stake in Kanzhun Ltd amid market strength
Kanzhun Ltd's stock price fell by 5.86% as it crossed below the 5-day SMA, despite the Nasdaq-100 and S&P 500 showing gains of 0.93% and 0.63%, respectively.
This decline occurs amid CoreView Capital Management's recent acquisition of an additional 298,584 shares of Kanzhun, raising its stake to 24.27%. This investment, valued at approximately $57.48 million, reflects CoreView's confidence in Kanzhun's future growth prospects, especially given the company's reported revenue of $1.09 billion and net income of $304.08 million as of June 30, 2025. Kanzhun's stock has also outperformed the S&P 500 over the past year, indicating strong market competitiveness.
The stock's movement may suggest a sector rotation, as investors reassess their positions in light of broader market trends, even as Kanzhun demonstrates solid fundamentals.
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- Buyback Program Execution: KANZHUN Limited has continued its share repurchase program, utilizing over RMB 20 million to buy back 321,276 ordinary shares, demonstrating the company's strong commitment to shareholder returns.
- Recent Buyback Total: Over the past two weeks, the company has spent more than RMB 113 million on share repurchases, indicating a proactive approach to capital management and increased confidence in the market.
- Buyback Program Scale: Under its existing repurchase program, BOSS Zhipin plans to repurchase up to USD 250 million worth of shares by the end of August 2026, which will further enhance the liquidity and market appeal of the company's stock.
- Commitment to Shareholder Returns: By continuing its share buyback, KANZHUN not only strengthens shareholder trust but may also enhance earnings per share by reducing the number of shares outstanding, laying a solid foundation for the company's future growth.
- Execution of Repurchase Program: BOSS Zhipin has utilized over RMB 20 million to repurchase 321,276 ordinary shares as part of its ongoing commitment to shareholder returns, reflecting a proactive approach to capital management.
- Recent Repurchase Amount: Over the past two weeks, the company has spent more than RMB 113 million on share repurchases, indicating a strong focus on enhancing shareholder value and confidence in its financial health.
- Scale of Repurchase Plan: Under its existing repurchase program, BOSS Zhipin aims to buy back up to USD 250 million worth of shares by the end of August 2026, which is expected to bolster market confidence in the company's future growth prospects.
- Commitment to Shareholder Returns: By continuing its share repurchase efforts, BOSS Zhipin not only enhances earnings per share but also potentially attracts more investor interest, thereby driving stock price appreciation.
- Buyback Program Execution: Kanzhun announced the continued execution of its share repurchase program, utilizing over RMB 20 million to buy back 315,908 ordinary shares, reflecting the company's confidence in its intrinsic value.
- Repurchase Cap: Under the existing buyback program, the company plans to repurchase up to $250 million worth of shares by the end of August 2026, aiming to enhance shareholder returns and bolster market confidence.
- Positive Performance: Kanzhun's Q3 earnings report exceeded expectations, with sustained growth indicating the company's potential in AI monetization and operational leverage, further solidifying its leading position in the human resources and employment services sector.
- Executive Changes Impact: CFO Phil Yu Zhang's resignation and the appointment of Wenbei Wang as deputy CFO may introduce some uncertainty; however, the company continues to perform positively in the market, demonstrating management stability and a consistent strategic direction.
- Repurchase Program Execution: BOSS Zhipin has utilized over RMB 20 million to repurchase 315,908 ordinary shares, demonstrating the company's ongoing commitment to shareholder returns, which is expected to enhance market confidence in its stock.
- Expanded Repurchase Scale: Under its existing repurchase program, the company plans to repurchase up to USD 250 million worth of shares by the end of August 2026, a move that not only helps improve earnings per share but may also attract more investor interest in the future.
- Shareholder Value Enhancement: By implementing the repurchase program, BOSS Zhipin aims to increase per-share value by reducing the number of shares outstanding, thereby enhancing long-term investment returns for shareholders and further solidifying its market position.
- Market Reaction Expectations: This repurchase action is anticipated to have a positive impact on the company's stock price, especially in the current market environment, boosting investor confidence in the company's future growth potential.
- Divergent Market Reactions: Oil prices initially rose amid protests in Iran, but subsequently fell after President Trump announced that the killings of protesters had stopped, indicating a complex market response to geopolitical risks.
- Venezuela Supply Expectations: Rebecca Badick noted that while the situation in Venezuela created uncertainty, the market anticipated additional supply returning in the future, leading to downward pressure on oil prices with expectations of increased supply in the short term.
- Iran Supply Risks: In contrast to Venezuela, Iran produces about 3.2 million barrels per day, and any escalation in the situation could significantly impact supply in the short term, prompting a positive market reaction and potential price increases.
- Short-term vs Long-term Impacts: While both events garnered market attention, the oil market's response to Venezuela reflects optimism about long-term supply, whereas concerns about short-term supply disruptions from Iran created a clear divergence in market sentiment.
- Stock Price Analysis: BZ's 52-week low stands at $12.85 per share, with a high of $25.26, and the last trade at $19.95 indicates dynamic price fluctuations within this range, which could impact investor confidence and market expectations.
- Technical Indicator Focus: The current price of $19.95 is below the 200-day moving average, suggesting potential downward pressure in the short term, prompting investors to monitor market sentiment and technical signals closely.
- Market Trend Observation: The fluctuations in BZ's stock price reflect a cautious market outlook on its future performance, particularly in the current economic climate, which may affect its financing capabilities and investor appeal.
- Investor Strategy Adjustment: In light of the stock's volatility within the 52-week range, investors may need to reassess their holding strategies to mitigate potential market risks and changes in returns.









