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Summary The outlook for China's secondary housing market appears to have improved after reviewing industry data and recent news flow, and this is positive for BEKE, the country's largest property broker. There are worries that China could potentially introduce a new regulation to ...
Shares of Chinese e-commerce giant Alibaba (NYSE: BABA) , real estate digital transaction platform KE Holdings (NYSE: BEKE) , and electronic vaping company RLX Technology (NYSE: RLX) were falling today, down 4.6%, 8.8%, and 8.9%, respectively, as of 12:55 p.m. ET. ...
Chinese stocks trading on U.S. exchanges continued to struggle today amid broader economic concerns in the country and rising COVID cases. In fact, the Nasdaq Golden Dragon China Index, which tracks many popular stocks, fell 7.3% today and hit its lowest mark in roughly nine years, acco...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock market has rallied nicely higher these past two days as investors refocus on the third-quarter earnings season, which, I might add, has gotten off to a strong start. According to FactSet, of the S&P 500 compan...
Shares of many Chinese stocks that trade on U.S. stock exchanges struggled this week after the sector faced a number of regulatory and economic developments. For the week, shares of the Chinese agtech company Pinduoduo (NASDAQ: PDD) had slumped nearly 13% as of market close Thur...
Chinese stocks fell today on a number of negative headlines for the sector, including tighter regulations and weaker economic data. Shares of the private-education company New Oriental Education & Technology Group (NYSE: EDU) fell roughly 10% today; shares of the online-tutoring...
Summary KE Holdings swung to the red in the first half of the year on the back of a slumping Chinese real estate market. The company is trying to offset anemic property trading income with new businesses that are growing but still account for just a small share of revenue. The...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wall Street has been in a bad mood since Federal Reserve Chairman Jerome Powell’s hawkish speech during the annual Economic Policy Symposium in Jackson Hole, Wyoming, last Friday. Stocks were hit hard, with the broad...
KE Holdings Inc. (BEKE) Q2 2022 Earnings Conference Call August 23, 2022 8:00 AM ET Company Participants Matthew Zhao - Senior Director, Investor Relations Yongdong Peng - Chief Executive Officer Tao Xu - Chief Financial Officer Conference Call Participants...
KE Holdings ( NYSE: BEKE ) ADSs have gained 3.5% in Tuesday premarket trading after Q2 revenue beat the Wall Street consensus and the company expects profitability of its home transaction services business to recover in the second half of the year. Its revenue guidance for Q...
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BEIJING, March 14, 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 (the ...
BEIJING, March 14, 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 ...