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    Kewei Chen • Haitong International Securities Group Limited

    Kewei Chen's questions to Weibo Corp (WB) leadership

    Kewei Chen's questions to Weibo Corp (WB) leadership • Q4 2024

    Question

    Kewei Chen from Haitong International commended the company's consistent $200 million dividend and asked for more details on its future shareholder return policy, including plans and methods.

    Answer

    Executive Cao Fei stated that Weibo follows a balanced capital allocation strategy to support long-term growth while returning value to shareholders. She highlighted the company's stable operating margin and strong cash flow as enablers of this policy. Fei confirmed the Board has approved an annual dividend policy to provide predictable returns and noted that the company remains open to other measures, such as share buybacks, to enhance shareholder value.

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    Kewei Chen's questions to Zhihu Inc (ZH) leadership

    Kewei Chen's questions to Zhihu Inc (ZH) leadership • Q1 2024

    Question

    Kewei Chen from Haitong International asked two questions regarding AI: one on the development and impact of new AI products like the AI-powered search, and another on whether Zhihu would consider a data licensing model similar to Reddit's deals with OpenAI and Google.

    Answer

    CEO Zhou Yuan responded that the beta version of the AI search feature, 'Discovery', has shown promising results with increased user activity, and a new version will launch by the end of June. Regarding data licensing, he confirmed that while many companies are interested in acquiring Zhihu's data, the company has not yet made a decision.

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