Kanzhun Limited (BOSS Zhipin) (BZ) — closed signal from August 21, 2025
Partial Published before the outcome was known, scored automatically when the window closed on November 19, 2025.
Predicted vs. what happened
What happened
Reached 28% of the predicted growth at its peak, without hitting the target.
The thesis — published August 21, 2025
Shares jumped on much heavier trading after the company beat profit expectations, started its first dividend, and increased its share buyback - clear signs management is confident. Buyer interest remains strong. China policy and market rules still add risk, so consider buying dips near the recent average price over the next 0-3 months as user growth and hiring recover, with dividends and buybacks helping hold the price up.
Primary drivers
- Profit per share beat expectations even though sales came in a bit light
- Company announced its first-ever cash dividend, sharing profits with investors
- Share repurchase plan increased to $250M, likely lowering share count over time
- Much heavier-than-usual trading on the jump points to strong buying interest
How it played out
BZ: the thesis stayed below target
Lyra published BZ at $23.28 on 2025-08-21 with expected growth of 28%. The thesis pointed to a profit per share beat despite lighter sales, a first cash dividend, a share repurchase plan increased to $250M, and much heavier trading that suggested strong buying interest. It also noted China policy and market-rule risk.
Inside the window, BZ peaked at $25.08 on 2025-09-16, a 7.8% gain. That stayed below the $29.59 target, and the target was never reached. By 2025-11-19, the stock ended at $21. The thesis partially played out in price, but it missed the target.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
Share this receipt
A scored call, published before the outcome was known. Paste the link anywhere — it unfurls as the card above.
Read the next call before it closes.
This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.