Kanzhun Limited (BZ) is expected to showcase impressive 3Q23 results, reflecting a positive outlook due to China's gradual economic recovery and late-arriving government stimulus. 

The nation's retail consumption growth has risen to 5.5% Y/Y, indicating a resilient economy driven by a strong work ethic and desire for prosperity among its populace. 

Despite a delayed economic stimulus from the central government, aggressive MLF operations by the central bank have infused ample liquidity, promising future economic benefits. BZ's 3Q23 revenue is projected at RMB1,590M (34.9% Y/Y), surpassing the consensus of RMB1,552M (31.7% Y/Y). 

Key data highlights include a 13.6% Y/Y increase in paid job listings, an improved presence of top companies' job listings at 16.5%, a slight rise in paying enterprise customers to 4.6M, and a robust average MAU of 46.0M (42% Y/Y), benefiting from Kanzhun Limited (BZ)'s growing penetration and an increasing number of job seekers.