KE Holdings Inc. Sponsored ADR Class A (BEKE) has released an update.
KE Holdings Inc., a dominant player in the integrated online and offline housing market, has reported a 19.9% year-over-year revenue increase in Q2 2024, reaching RMB 23.4 billion. The company’s gross transaction value saw a 7.5% rise, driven by a robust existing home transactions market. Additionally, KE Holdings expanded its share repurchase program to US$3 billion and extended it through August 2025, affirming its commitment to shareholder returns.
For further insights into BEKE stock, check out TipRanks’ Stock Analysis page.
