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Kanzhun Limited Announces Successful Share Allotment Results

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Kanzhun Limited Announces Successful Share Allotment Results

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Kanzhun Ltd Sponsored ( (BZ) ) just unveiled an update.

On July 4, 2025, Kanzhun Limited announced the results of its share allotment, detailing the issuance of 34.5 million Class A Ordinary Shares as part of a share offer. The offer included 10.35 million shares for the Hong Kong public and 24.15 million for international investors, with a final offer price set at HK$66.00 per share. The company successfully raised gross proceeds of HK$2,277.0 million, with net proceeds amounting to HK$2,199.9 million after expenses. The high concentration of shareholding among a small number of shareholders was noted, suggesting potential volatility in share price movements.

The most recent analyst rating on (BZ) stock is a Buy with a $23.50 price target. To see the full list of analyst forecasts on Kanzhun Ltd Sponsored stock, see the BZ Stock Forecast page.

Spark’s Take on BZ Stock

According to Spark, TipRanks’ AI Analyst, BZ is a Outperform.

Kanzhun Ltd’s strong financial performance and positive earnings call sentiment are the primary drivers of the high score. Technical indicators support a bullish outlook, although valuation and external concerns like tariffs and AI monetization present some risks.

To see Spark’s full report on BZ stock, click here.

More about Kanzhun Ltd Sponsored

Kanzhun Limited is a company incorporated in the Cayman Islands, primarily operating in the technology sector. It is known for its platform BOSS Zhipin, which is a leading online recruitment platform in China, focusing on connecting job seekers with employers efficiently.

Average Trading Volume: 3,420,030

Technical Sentiment Signal: Buy

Current Market Cap: $8.13B

For detailed information about BZ stock, go to TipRanks’ Stock Analysis page.

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