KE Holdings Inc. Sponsored ADR Class A (BEKE) has released an update.
KE Holdings Inc. reported a strong third quarter in 2024, with net revenues surging 26.8% to RMB22.6 billion, bolstered by robust performance in new home transactions and growth in home renovation and rental services. The company’s gross transaction value reached RMB736.8 billion, up 12.5% year-over-year, indicating a rebound in the housing market. KE Holdings also enhanced shareholder value through a US$200 million share repurchase, showcasing confidence in continued growth and market recovery.
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