HONG KONG, Dec 23 (Reuters) – Shares of Kuaishou Technology (1024.HK) 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%.
Sign up here.
($1 = 7.7770 Hong Kong dollars)
Reporting by Hong Kong newsroom; Editing by Christian Schmollinger
Our Standards: The Thomson Reuters Trust Principles.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.reuters.com ’
ADVERTISEMENT
