The Chinese recruiting platform delivered impressive quarterly results.
Kanzhun released strong quarterly results and announced a $200 million stock repurchase authorization.
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Chinese stocks cooled off as investors continue to be pessimistic about economic growth.
Several Chinese stocks suffered this week as investors questioned the country's economic recovery.
Kanzhun may benefit from the sizable unemployment and labor shortages in China, while also seeing an influx of capital from overseas investors.
Chinese stocks were on the move again as reopening hopes lit a fire under these beaten-down stocks. Baozun and Kanzhun also reported earnings.
Chinese stocks rebounded today due to earnings reports and hopes of less restrictive COVID-19 policies in China.
The government in Beijing announced more measures to contain China's property sector decline and relaxed some COVID-19 restrictions.