Shares of Kanzhun Limited (BZ), an online recruitment services provider in China, are falling more than 5% Monday morning at $18.58. There have been no company-specific news to move the stock down.
Last week, the company had reported a loss of RMB184.8 million or $26.8 million for the fourth quarter, compared with profit of RMB233.1 million in the same quarter a year ago.
BZ has traded in the range of $9.74-$29.50 in the last 1 year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.