A Fund's $118 Million Investment in This Chinese Stock Remains 50% Below Its 2021 Peak
Serenity Capital Management's Investment: The Singapore-based fund increased its stake in Kanzhun Limited by 1 million shares, bringing its total holdings to 5 million shares valued at $117.6 million, making it the fund's largest holding.
Market Performance: Kanzhun Limited's shares have risen 54% over the past year, significantly outperforming the S&P 500's 16% gain, indicating strong market confidence in the company's recovery.
Operational Growth: The company reported a 13% year-over-year revenue increase to approximately $304 million, with substantial growth in both operating income and net income, suggesting improving fundamentals.
Thematic Investment Strategy: Serenity Capital's portfolio focuses on Chinese platforms related to consumption, logistics, education, and employment, indicating a strategic bet on the stabilization of domestic demand in China rather than a temporary trade.
Trade with 70% Backtested Accuracy
Analyst Views on BZ
About BZ
About the author

- Oversold Signal: Kanzhun Ltd (Ticker: BZ) saw its RSI drop to 28.1 during Monday's trading, indicating an oversold condition that suggests the recent heavy selling may be exhausting, prompting investors to consider potential buying opportunities.
- Price Fluctuation: BZ shares hit a low of $16.255, with the current trading price at $16.29, showing a significant recovery from the 52-week low of $13.28, yet still far below the 52-week high of $25.26, reflecting market volatility and cautious investor sentiment.
- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 43.4, BZ's 28.1 RSI indicates relative weakness, which may attract investors looking for rebound opportunities in the stock.
- Investor Sentiment: While the stock is currently in an oversold state, investors should carefully assess market sentiment and potential rebound opportunities to avoid making impulsive decisions in an uncertain market environment.
- Repurchase Program Execution: KANZHUN Limited repurchased 410,642 ordinary shares on February 17 and 18, utilizing nearly RMB 25 million, demonstrating the company's ongoing commitment to shareholder returns.
- Significant Capital Deployment: In 2026, the company has deployed over RMB 340 million toward share repurchases, indicating a proactive strategy in capital management aimed at enhancing shareholder value.
- Ongoing Repurchase Authorization: KANZHUN maintains authorization under its existing program to repurchase up to USD 250 million worth of shares, with the program active until the end of August 2026, ensuring flexibility to respond to market changes.
- Increased Market Confidence: Through its continued repurchase activities, the company not only enhances earnings per share but also boosts investor confidence in its future growth potential, further solidifying its position in the market.
- Repurchase Program Execution: BOSS Zhipin repurchased 410,642 ordinary shares on February 17 and 18, utilizing nearly RMB 25 million, demonstrating the company's ongoing commitment to shareholder returns.
- Investment in Repurchases: In 2026, the company has deployed over RMB 340 million towards share repurchases, indicating an active strategy in capital management aimed at enhancing shareholder value.
- Repurchase Authorization Status: BOSS Zhipin maintains authorization to repurchase up to USD 250 million worth of shares under its existing program, which remains active until the end of August 2026, ensuring flexibility amid market fluctuations.
- Shareholder Return Strategy: By continuing its share repurchase, BOSS Zhipin not only boosts market confidence but may also enhance earnings per share by reducing the number of shares outstanding, thereby attracting further investment.
- Buyback Program Execution: KANZHUN Limited has continued its share repurchase program, utilizing over RMB 20 million to buy back 321,276 ordinary shares, demonstrating the company's strong commitment to shareholder returns.
- Recent Buyback Total: Over the past two weeks, the company has spent more than RMB 113 million on share repurchases, indicating a proactive approach to capital management and increased confidence in the market.
- Buyback Program Scale: Under its existing repurchase program, BOSS Zhipin plans to repurchase up to USD 250 million worth of shares by the end of August 2026, which will further enhance the liquidity and market appeal of the company's stock.
- Commitment to Shareholder Returns: By continuing its share buyback, KANZHUN not only strengthens shareholder trust but may also enhance earnings per share by reducing the number of shares outstanding, laying a solid foundation for the company's future growth.
- Execution of Repurchase Program: BOSS Zhipin has utilized over RMB 20 million to repurchase 321,276 ordinary shares as part of its ongoing commitment to shareholder returns, reflecting a proactive approach to capital management.
- Recent Repurchase Amount: Over the past two weeks, the company has spent more than RMB 113 million on share repurchases, indicating a strong focus on enhancing shareholder value and confidence in its financial health.
- Scale of Repurchase Plan: Under its existing repurchase program, BOSS Zhipin aims to buy back up to USD 250 million worth of shares by the end of August 2026, which is expected to bolster market confidence in the company's future growth prospects.
- Commitment to Shareholder Returns: By continuing its share repurchase efforts, BOSS Zhipin not only enhances earnings per share but also potentially attracts more investor interest, thereby driving stock price appreciation.
- Buyback Program Execution: Kanzhun announced the continued execution of its share repurchase program, utilizing over RMB 20 million to buy back 315,908 ordinary shares, reflecting the company's confidence in its intrinsic value.
- Repurchase Cap: Under the existing buyback program, the company plans to repurchase up to $250 million worth of shares by the end of August 2026, aiming to enhance shareholder returns and bolster market confidence.
- Positive Performance: Kanzhun's Q3 earnings report exceeded expectations, with sustained growth indicating the company's potential in AI monetization and operational leverage, further solidifying its leading position in the human resources and employment services sector.
- Executive Changes Impact: CFO Phil Yu Zhang's resignation and the appointment of Wenbei Wang as deputy CFO may introduce some uncertainty; however, the company continues to perform positively in the market, demonstrating management stability and a consistent strategic direction.








