Kanzhun is trading 6.4% down at $15.39 as U.S. markets face a broad risk-off move.
- Nasdaq futures fell about 1.8%, while chip and technology stocks weakened after AI leaders warned about slowing development.
- Rising oil prices following a Saudi pipeline shutdown and increased expectations for a Federal Reserve rate hike are pressuring risk-sensitive equities.
- No fresh Kanzhun-specific announcement explains the decline.