Shares of KE Holdings (NYSE: BEKE) , the largest real estate platform in China, traded as much as 11.5% higher this morning after an analyst at Goldman Sachs upgraded the stock.
Goldman analyst Elsie Cheng upgraded KE Holdings, which operates China's leading real estate brokerage brand, from a neutral rating to a buy rating, sending shares higher.
The company has been around for about two decades and went public last August, pricing its IPO at about $20 per share. Today, KE Holdings trades for more than $59 per share.
For further details see:
Why Shares of KE Holdings Are Up Today