BEIJING, March 10, 2025 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE: BEKE; HKEX: 2423), a top platform for housing transactions and services, has announced that its Class A ordinary shares on the Hong Kong Stock Exchange are now part of the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, starting March 10, 2025. This inclusion follows announcements from both the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
BEIJING, Feb. 28, 2025 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a top platform for housing transactions and services, is excited to share that its Environmental, Social and Governance (ESG) rating has been upgraded by Morgan Stanley Capital International (“MSCI”) from “BBB” to “A.” This is the second year in a row that Beike has improved its rating, showing its strong dedication to high ESG standards in the industry.
We have a positive outlook on KE Holdings because of its strong competitive advantages, data-focused platform, and appealing valuation in China's tough property market. BEKE's unique competitive edge and growth strategy boost its real estate transactions, renovation, furnishing, and rental services, making it a leader in the market. Beihaojia's data-driven C2M model has the potential to transform China's residential development by increasing efficiency, lowering risks for developers, and moving the market towards a buyer-focused approach.
KE Hodlings (BEKE) saw significant movement in the last trading session with trading volume above average. However, the recent changes in earnings estimates may not support the stock's upward trend in the short term.
Investors interested in stocks from the Real Estate - Operations sector may want to look at KE Holdings Inc. Sponsored ADR (BEKE) or Zillow (Z). The question is, which of these two stocks provides better value for money for investors at this time?
I have a hold rating for KE Holdings as I look for more evidence of lasting demand growth in the Chinese property market. In the third quarter of 2024, BEKE's earnings were better than expected, showing a 12.5% year-on-year growth in gross transaction value and a 26.8% increase in revenue, even in a tough economic climate. There are encouraging signs in the market, such as a rise in transaction volumes in major cities and better consumer outlooks.
KE Holdings Inc. (NYSE:BEKE) will hold its Q3 2024 Earnings Conference Call on November 21, 2024, at 7:00 AM ET. The call will feature company representatives including Siting Li, the IR Director, and Stanley Peng, the Co-Founder, Chairman, and CEO. Participants from various financial institutions will also join the call to discuss the earnings results.
BEIJING, Nov. 21, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE: BEKE and HKEX: 2423), a top platform for housing transactions and services that combines online and offline methods, has released its unaudited financial results for the third quarter that ended on September 30, 2024.
KE Hodlings (BEKE) has formed a hammer chart pattern, suggesting that the stock has found support after a recent decline. Additionally, an increase in earnings estimate revisions may signal a potential trend reversal for the stock soon.
Ongoing hope for the future of the country's businesses kept increasing their demand, while growing tensions in other parts of the world also contributed to this trend.