Kanzhun Ltd Stock Price, News & Analysis

KANZHUN LIMITED (Nasdaq: BZ; HKEX: 2076), China's leading online recruitment platform, has announced significant changes to its share repurchase program. The company has increased the program's size from US$150 million to US$250 million and extended its duration through August 28, 2026.

This expansion builds upon the original share repurchase program initiated on August 29, 2024. The enhanced program demonstrates the company's continued commitment to delivering shareholder value and confidence in its long-term prospects.

KANZHUN LIMITED (NASDAQ: BZ; HKEX: 2076), a leading Chinese online recruitment platform, announced significant changes to its board and leadership structure. The company appointed Mr. Xu Chen as President, a newly created role reporting to CEO Peng Zhao, while he steps down from his Chief Marketing Officer position but remains an executive director.

The board changes include Ms. Mengyuan Dong's resignation as independent non-executive director, Ms. Hongyu Liu's appointment as audit committee chairman and corporate governance committee member, and Mr. Yan Li's new role as compensation committee member while maintaining his other positions.

KANZHUN (NASDAQ: BZ) reported strong Q2 2025 financial results, with revenues reaching RMB2,102.4 million (US$293.5 million), up 9.7% year-over-year. The company demonstrated significant profitability improvements with net income increasing 70.4% to RMB711.2 million (US$99.3 million).

Key operational metrics showed robust growth with monthly active users increasing 16.5% to 63.6 million and paid enterprise customers growing 10.2% to 6.5 million. The company announced three major shareholder initiatives: an annual dividend policy with US$80 million for 2025, a share repurchase program of up to US$250 million, and completion of a HK$2.2 billion share offer in Hong Kong.

For Q3 2025, KANZHUN expects revenues between RMB2.13-2.16 billion, representing 11.4-13.0% year-over-year growth.

KANZHUN (NASDAQ: BZ; HKEX: 2076), China's leading online recruitment platform, has scheduled its Q2 2025 earnings release for August 20, 2025, before U.S. market opening. The company will host a conference call on the same day at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time) to discuss the results.

Participants must pre-register for the call through the provided link to receive dial-in numbers and a unique PIN. A live and archived webcast will be available on the company's investor relations website.

KANZHUN LIMITED (Nasdaq: BZ; HKEX: 2076), operator of the BOSS Zhipin platform, has announced the pricing of its share offer at HK$66.00 per share. The offering consists of 34,500,000 Class A ordinary shares, including 4,500,000 shares from the full exercise of the offer size adjustment option.

The offering price translates to approximately US$16.82 per ADS (based on a ratio of two Class A ordinary shares per ADS). The company expects to raise net proceeds of approximately HK$2,199.9 million (US$280.3 million) after deducting underwriting fees and expenses. Trading of shares on the Hong Kong Stock Exchange is expected to commence on July 4, 2025.

The proceeds will be allocated towards technology infrastructure investment, new business initiatives development, strategic acquisitions, and general corporate purposes. Goldman Sachs and Morgan Stanley are serving as overall coordinators for the share offer, with additional firms acting as joint global coordinators, bookrunners, and lead managers.

KANZHUN LIMITED (NASDAQ: BZ; HKEX: 2076), operator of BOSS Zhipin, China's leading online recruitment platform, held its Annual General Meeting (AGM) on June 27, 2025 in Beijing. The shareholders approved all proposed resolutions, including the re-election of directors and granting general mandates for share issuance and buyback.

Key approvals include the re-election of Yu Zhang and Xu Chen as executive directors, Haiyang Yu as non-executive director, and Yonggang Sun and Hongyu Liu as independent non-executive directors. The board also received authorization to issue additional Class A ordinary shares and conduct share/ADS repurchases.

KANZHUN LIMITED (Nasdaq: BZ; HKEX: 2076) has announced a significant share offering of 30,000,000 Class A ordinary shares. The offering comprises a Hong Kong Public Offering of 3,000,000 shares and an International Offering of 27,000,000 shares, with an additional option to increase by up to 4,500,000 shares based on market demand.

The Hong Kong Offer Price is set at a maximum of HK$78.00 per share, with the final pricing to be determined by July 2, 2025. The company plans to use the proceeds for technology investments, new business initiatives, strategic acquisitions, and working capital. Goldman Sachs and Morgan Stanley are serving as overall coordinators for the offering.

KANZHUN LIMITED (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, has appointed Ms. Hongyu Liu as an independent non-executive director and member of the nomination committee. Liu, 52, brings over 25 years of financial services experience to the board. She currently serves as managing director at Intermediate Capital Asia Pacific Limited and previously held positions at TPG Capital, Lazard China Limited, and JP Morgan Chase. Liu holds degrees from Renmin University of China, Tufts University, and Dartmouth College, and is a Chartered Financial Analyst with licenses for securities dealing and advising under Hong Kong's SFO.

KANZHUN LIMITED (Nasdaq: BZ; HKEX: 2076), the company behind BOSS Zhipin, has announced its upcoming Annual General Meeting (AGM) scheduled for June 27, 2025, at 3 p.m. Beijing time. The meeting will be held at the GrandyVic Building in Beijing's Chaoyang District. Shareholders of record as of May 22, 2025 (Hong Kong time) and ADS holders as of May 22, 2025 (New York time) are eligible to participate. The company has made available the AGM Notice, related circular, and proxy form on its investor relations website. ADS holders must provide voting instructions to Citibank, N.A., the depositary. The company's annual report on Form 20-F for FY2024 is accessible on both the company's website and the SEC website.