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Kuaishou Shares Plunge 6% After Unprecedented Cyberattack

12/23/2025

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Story summary
  • Kuaishou Technology shares fell 6% to HK$62.70 on December 23.
  • The decline followed a cyberattack that caused a surge of explicit content during livestreaming on December 22.
  • The incident was described as "unprecedented" by users.
  • Kuaishou activated its emergency plan.
  • Kuaishou was the top decliner on the Hang Seng Tech Index, which fell 0.5%.