Kanzhun Limited (BZ) Declined in Q2 on Weak Growth

Artisan Partners released its second quarter 2025 investor letter for the Artisan Developing World Fund, showing a return of 14.40% compared to 11.99% for the MSCI Emerging Markets Index. The fund has returned 192.04% since June 30, 2015, outperforming the index at 60.03%. Equities rose despite trade uncertainty and geopolitical conditions. US markets outperformed international markets in local currency terms.

The Artisan Developing World Fund highlighted Kanzhun Limited (NASDAQ:BZ) in its investor letter. Kanzhun Limited is an online recruitment service provider in China with a one-month return of 0.11%. On July 8, 2025, the stock closed at $18.66 per share with a market cap of $8.252 billion. Kanzhun fell due to weak cash billing growth despite user growth and profitability.

Kanzhun Limited is not on the list of 30 most popular stocks among hedge funds. In the first quarter, 25 hedge fund portfolios held Kanzhun Limited, compared to 29 in the previous quarter. The company reported revenue of RMB 1.92 billion, up 13% year-on-year. While BZ has potential as an investment, certain AI stocks may offer greater upside potential.

Read more at Yahoo Finance: Kanzhun Limited (BZ) Declined in Q2 on Weak Cash Billing Growth