KE Holdings Inc - ADR (NYSE: BEKE) shares are trading lower by 3.4% to $15.00 Tuesday afternoon on continued weakness. Shares of several Chinese stocks are trading lower amid concerns over the country's property sector following reports suggesting China Evergrande said it's unable to issue new debt due to an ongoing investigation into its Hengda Real Estate subsidiary.
Why It Matters
KE Holdings operates in the online real estate services sector, providing a platform for property listings, transactions and related ...
BEKE) Stock Is Trading Lower>Full story available on Benzinga.com