In August, the number of second-hand property signings in Peking increased by 31%, and the market demand for property brokerage enterprises has increased.
On September 1st, Beijing Housing and Urban-Rural Development Commission data showed that the number of second-hand housing transactions in August was 14,363, a year-on-year increase of 31%. At the same time, the trend of second-hand housing transactions in the first 8 months of this year showed a counter-trend increase in June and July. Dongxing Securities released a research report pointing out that the increase in supply of second-hand houses and the price advantage relative to new houses are both beneficial to the continued heat of second-hand house transactions, and companies such as Beike, which mainly focus on store layout in first- and second-tier cities, are expected to benefit. Against the backdrop of a gradual market recovery, Beike, the technology-driven one-stop new residential service platform, has also achieved impressive performance. In the second quarter of this year, Beike's total transaction volume (
ke holdings - W (02423.HK) spent 3 million US dollars to repurchase 0.6027 million shares on August 30th.
On September 2nd, Ke Holdings (02423.HK) announced that it will buy back 0.6027 million shares at a cost of $3 million on August 30, 2024.
Top Gap Ups and Downs on Friday: BABA, INTC, BP and More
Shares of US-listed Chinese Companies Are Trading Higher. Upbeat US Economic Data, Strength in Alibaba, a Rebound in PDD and a Rise in the Yuan May Be Impacting Broader China Stocks.
Express News | Shares of US-listed Chinese Companies Are Trading Higher. Upbeat US Economic Data, Strength in Alibaba, a Rebound in PDD and a Rise in the Yuan May Be Impacting Broader China Stocks
"One Body, Three Wings" drives steady performance growth, ke holdings (NYSE: BEKE; HKEX: 2423) net income in the second quarter increased by 19.9% year-on-year to 23.4 billion yuan.
On August 12, Ke Holdings (NYSE: BEKE; HKEX: 2423) released its financial performance for the second quarter of 2024. During the reporting period, Ke Holdings achieved a total transaction value (GTV) of 839 billion yuan (RMB, the same below), with a net income of 23.4 billion yuan, a year-on-year increase of 19.9%. The gross margin was 27.9%, and the net income reached 1.9 billion yuan, a year-on-year increase of 46.2%. The adjusted net income reached 2.69 billion yuan, a year-on-year increase of 13.9%. Against the backdrop of the gradual recovery of the second-hand housing market, Ke Holdings' existing home business achieved steady development, with an existing GTV of 570.7 billion yuan, the same as last year.
Hong Kong stock concept tracking | Over 80 cities support state-owned enterprises and others to acquire existing houses, institutions are bullish on investment opportunities related to the "good housing" industry (concept stocks attached)
As of now, more than 80 cities have announced their support for state-owned platform enterprises to acquire commodity housing for the purpose of affordable housing, resettlement housing, talent housing, and turnover housing.
Hong Kong Viable Stocks – Bilibili, KE Holdings
ke holdings spent nearly 3 million US dollars on August 23 to repurchase 0.5987 million shares.
Ke Holdings announced that on August 23, 2024, it repurchased 0.5987 million shares for nearly $3 million.
Ke Holdings (02423) spent 3 million USD to repurchase 0.6066 million shares on August 22.
Ke Holdings-W (02423) announced that on August 22, 2024, the company will spend 3 million US dollars to repurchase...
Ke Holdings (02423.HK) spent 3 million dollars on August 21 to repurchase 0.6118 million shares.
Ke Holdings (02423.HK) announced on August 22 that it will spend 3 million US dollars to repurchase 0.6118 million shares on August 21, 2024.
Ke Holdings-W8 repurchased approximately 0.616 million shares at a cost of approximately 3 million US dollars on August 20th.
Ke Holdings (02423.HK) has announced that on August 20, 2024, it will spend approximately 3 million US dollars to repurchase 0.616 million shares, with a repurchase price per share of 4.81-4.99 US dollars.
Express News | Shares of US-listed Chinese Companies Are Trading Lower After China's Central Bank Left Its One-year and Five-year Loan Prime Rates Unchanged at 3.35% and 3.85% Respectively
Ke Holdings (02423) spent 2.9937 million US dollars to repurchase 0.5945 million shares on August 19th.
Ke Holdings (02423) announced that on August 19, 2024, it spent 2.9937 million US dollars...
Ke Holdings (02423.HK) repurchased 0.6004 million shares at a cost of 3 million US dollars on August 16.
On August 19th, Ke Holdings (02423.HK) announced that it spent 3 million US dollars to buy back 0.6004 million shares on August 16th, 2024.
Ke Holdings (02423) spent 3 million US dollars on August 15 to repurchase 0.5926 million shares.
Ke Holdings (02423) has announced that the company will spend 3 million US dollars to repurchase... on August 15, 2024.
Ke Holdings (02423.HK) spent 3 million US dollars on August 14 to repurchase 0.604 million shares.
Ke Holdings (02423.HK) released a statement on August 15th that they spent 3 million US dollars to repurchase 0.604 million shares on August 14, 2024.
Hedge funds had significant changes in their holdings in the second quarter! Nvidia was heavily sold, while Apple and Chinese concept stocks were favored.
Nvidia's stock price has surged this year, and major hedge funds are taking profits and leaving. Microsoft has been reduced or liquidated by 140 hedge funds, while Amazon has been increased or established by 166. China Concept Stocks are increasingly favored by Wall Street, and hedge fund giants David Tepper and Hillhouse Capital are steadfastly increasing their holdings in China Concept Stocks.
David Tepper, hedge fund manager, bullish on Chinese assets, significantly increasing shareholding of Ke Holdings and other Chinese concept stocks.
On August 15th, according to the disclosure of the U.S. Securities and Exchange Commission (SEC), Appaloosa Management, a famous hedge fund manager David Tepper's company, submitted its second quarter holding report ending on June 30, 2024. According to statistics, the total market value of Appaloosa Management's second quarter holdings was $6.18 billion. During the second quarter, the fund added 0 stocks to its portfolio, increased its shareholding in 9 stocks, and liquidated 2 stocks, while reducing its shareholdings in 26 stocks.
Hong Kong stock concept tracking | Peking's second-hand housing signing volume in June and July has increased significantly, and institutions are bullish on high-quality real estate companies in core cities (including concept stocks).
Bullish real estate policies in Beijing, taking small steps towards gradual relaxation, have led to increased activity in the housing market trade.