Jefferies analyst Thomas Chong initiated coverage of Kanzhun Ltd (NASDAQ: BZ) with a Buy and $44 price target. The price target implies a 30.4% upside. Chong noted that Kanzhun's BOSS is an online recruitment service in China and is well known via its mobile-native product BOSS Zhipin. BOSS Zhipin has become "one of the largest online recruitment platforms in China." China's online recruitment market will likely grow at ~32% compound annual growth rate between 2020-2025. Chong also said that the
Investment company JNL Multi-Manager Emerging Markets Equity Fund (Current Portfolio) buys Prosus NV, HDFC Bank, Baltic Classifieds Group PLC, Gazprom PJSC, Kotak Mahindra Bank, sells HDFC Bank, Naspers, Yandex NV, Kanzhun, Sberbank of Russia PJSC during the 3-months ended 2021Q3, according to the most recent filings of the investment company, JNL Multi-Manager Emerging Markets Equity Fund.
Investment company Advantage Advisers Xanthus Fund, L.L.C. (Current Portfolio) buys Gartner Inc, Peloton Interactive Inc, UiPath Inc, SAP SE, KE Holdings Inc, sells Apple Inc, Pinterest Inc, Texas Instruments Inc, NXP Semiconductors NV, Bank of America Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Advantage Advisers Xanthus Fund, L.L.C..