KE Holdings Inc - ADR Stock News

Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose 2.09%, and Futu Holdings (FUTU, Financial), which saw an impressive increase of 8.81%.

Lingering optimism about the future of the country's enterprises continued to drive demand for them higher; rising tensions elsewhere in the world also played a role.

KE Holdings reported strong Q2 2024 results, with GTV and net revenues increasing, demonstrating resilience in a challenging real estate market. Net revenues from new businesses like home renovation and furnishing, and home rental services showed impressive growth, offsetting mixed results from existing home transaction services. BEKE's strong balance sheet, increased share repurchase program, ...

KE Holdings Inc. (NYSE:BEKE ) Q2 2024 Earnings Call Transcript August 12, 2024 8:00 AM ET Company Participants Siting Li - IR Director Stanley Peng - Co-Founder, Chairman and CEO Tao Xu - Executive Director and CFO Conference Call Participants Harry Chen - Citigroup Thomas Chong - Jefferies Eddy Wang - Morgan Stanley Timothy Zhao - Goldman Sachs Operator Hello ladies and gentlemen. Thank you fo...

BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that its board of directors has approved the upsizing and extension of its share repurchase program.

BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the second quarter ended June 30, 2024 and upsizing and extension of the share repurchase program.

BEIJING, July 31, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the second quarter of 2024 before the U.S. market opens on Monday, August 12, 2024.

Beike is the leading integrated online and offline platform for housing transactions in China, facilitating 4.4 million housing transactions in 2023. Beike's market share in existing homes is over 30% and in new homes is about 23%, with a focus on authentic property listings and Agent Cooperation Network. Beike's new businesses, including home renovation and furnishing, have experienced rapid g...