Report
Tian Hou
EUR 465.55 For Business Accounts Only

BZ: Positive On 1Q24 Performance, Supported By Listings Growth In Service, Commodity Manufacturing & Other Sectors

We are positive about BZ’s performance in 1Q24. Due to the natural recovery of China’s underlying domestic economy and State economic stimulus, the job market has shown some improvements since 4Q23. The number of total paid job listings on the platform is likely to be up 6.7% Y/Y in 1Q24. As the policy front is becoming more pro-business, we believe BZ is likely to benefit as a result.

Underlying
KANZHUN LTD

Provider
T.H. Capital
T.H. Capital

​T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.

Analysts
Tian Hou

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