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Citic Sec: Ke Holdings-W rated as "buy", expected to be included in the Stock Connect list in the fourth quarter of 2024.
Citic Sec has released a research report stating a "buy" rating on Ke Holdings-W (02423). The company benefits from a series of policy combinations that stabilize first-tier city house prices, and the recovery of GTV may significantly drive the company's revenue growth, while the company's costs are relatively sticky, with limited expected growth. The report mentions that the company's two wings of business have crossed the breakeven point, which will help further reduce the overall cyclicality of the company's business. Compared to industrial internet companies, the company has a broader stage, and compared to platform internet companies, the company's moat is obviously wider. In addition, with the company's increasing turnover in Hong Kong stocks, it is expected by the bank to be in 2024.
CITIC Securities Announces Interim Dividend Details
citic sec (06030) will distribute a mid-term dividend of 2.4 yuan for every 10 shares on December 24th.
citic sec (06030) announced that the company will distribute mid-term dividends of 10 for every share on December 24, 2024.
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