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BEKE - 3 Important Takeaways From the Latest Earnings From the 'Redfin of China'
KE Holdings Inc American Depositary Shares (each representing three Class A)
Often referred to as the Redfin of China, KE Holdings (NYSE: BEKE) -- better known as Beike Zhaofang -- has just announced its fourth-quarter results for the year ended Dec. 31, 2020. Revenue surged 58% year over year while net profit turned positive, compared with a loss-making position last year.
There are a lot of factors behind these headline numbers that are worth further analysis. Here are three of them that investors should know.