HONG KONG, Dec 23, 2025 – Shares of Kuaishou Technology (1024.HK), the Chinese short video platform, fell sharply on Tuesday, hitting HK$62.70 ($8.06), their lowest level since November 21. The drop came after reports surfaced that the platform experienced a sudden surge of explicit content following a cyberattack on Monday.

The stock decline marked a nearly 6% drop in a single day, representing Kuaishou’s largest one-day percentage fall since October 14. The company’s shares were also the top percentage decliner on the Hang Seng Tech Index, which itself fell 0.5% amid broader market pressure.

Industry analysts noted that the cyberattack highlights ongoing cybersecurity risks facing major social media and short video platforms. Such incidents not only affect user trust but can also lead to significant financial repercussions and regulatory scrutiny.

Kuaishou, known for its user-generated short videos and live streaming services, has faced challenges in moderating content, and the recent attack underscores the difficulties digital platforms face in maintaining a safe and secure environment for millions of users.

Investors reacted swiftly to the news, reflecting heightened concern over the platform’s ability to manage cybersecurity threats and content moderation. The drop in Kuaishou’s share price also raises questions about how tech companies in China are preparing to tackle growing cyber threats, especially as authorities increasingly demand stricter enforcement of online content regulations.

As digital platforms continue to expand their user bases, experts warn that companies must invest heavily in cybersecurity infrastructure and content monitoring to prevent future breaches and maintain investor confidence.