So bz positive fund flow is because of hiring fir blue collar workers. Expand

Kanzhun's positive fund flow can be attributed to its focus on hiring blue-collar workers, which has several underlying reasons: 1. **Market Niche**: Kanzhun's differentiated targeting model for blue-collar workers has been effective in capturing a significant portion of the hiring market in China. This niche focus allows the company to stand out in a crowded industry and has contributed to its growth in both monthly active users and paid enterprise customers. 2. **Algorithmic Advantage**: Kanzhun's proprietary recommendation algorithms, powered by big data insights, provide accurate matching results, enhancing the efficiency of the recruitment process. This technological edge is particularly beneficial in the blue-collar segment, where job opportunities are often frequent and rapidly changing. 3. **Seasonal Demand**: The summer seasonality has raised demand for travel-related jobs, which typically employ blue-collar workers. This seasonal uptick in demand has contributed to Kanzhun's increased activity during this period. 4. **Manufacturing Boost**: Increased manufacturing activity is expected to provide a boost ahead of year-end holidays, which often requires a larger workforce, including blue-collar workers. This anticipated increase in manufacturing demand has a positive impact on Kanzhun's business. 5. **Economic Challenges**: Despite the overall economic struggles in China, Kanzhun's focus on blue-collar recruitment has allowed it to capitalize on the labor market dynamics. The property slump and youth unemployment issues have disproportionately affected the white-collar segment, while the blue-collar market has shown more resilience. 6. **Strategic Investments**: Kanzhun's efforts to expand its overseas business, including progress in Hong Kong, indicate a strategic vision that could further enhance its position in the global labor market. This expansion could lead to new opportunities and diversification, which are positive for long-term fund flow. In summary, Kanzhun's positive fund flow is largely driven by its ability to effectively cater to the specific needs of the blue-collar workforce in China, leveraging technological advancements, market niche, and strategic expansions.