Welcome to our dedicated page for Ke Holdings news (Ticker: BEKE), a resource for investors and traders seeking the latest updates and insights on Ke Holdings stock.
KE Holdings Inc (BEKE), China's leading integrated real estate platform, maintains this centralized news hub for tracking official announcements and market developments. Our curated collection provides investors and industry observers with timely updates on BEKE's operational milestones, strategic initiatives, and position within China's dynamic property sector.
Access verified information spanning quarterly financial results, technology innovations in property transactions, partnership announcements, and market expansion updates. The repository includes BEKE's press releases alongside third-party analyses of its unique online-offline model and Lianjia brokerage network operations.
Regular updates ensure stakeholders stay informed about regulatory impacts, service expansions, and industry leadership in housing transaction infrastructure. Bookmark this page for efficient tracking of BEKE's progress in standardizing China's real estate services through its hybrid digital-physical network.
KE Holdings (NYSE: BEKE) has achieved a significant milestone with an upgrade in its MSCI ESG Rating from 'BBB' to 'A' in February 2025, marking its second consecutive year of improvement. The company scored an impressive 7.2 in the ESG social category, substantially above the global industry average of 4.3.
The advancement is attributed to Beike's strong focus on human capital development through vocational training programs and structured career paths, alongside robust privacy and data security measures. The company also made significant progress in environmental initiatives, securing a 1.8-point increase in the ESG environmental category through initiatives like the 'Lianjia Green Store Standard,' which implements eco-friendly renovations and smart energy controls in brokerage stores.
This upgrade from MSCI, a leading provider of investment decision support tools, reflects Beike's commitment to creating sustainable value in China's residential services industry through infrastructure transformation and technology innovation.
KE Holdings (BEKE) reported strong Q3 2024 financial results with net revenues increasing 26.8% year-over-year to RMB22.6 billion (US$3.2 billion). Gross transaction value (GTV) rose 12.5% to RMB736.8 billion. Net income was RMB1,168 million (US$167 million). The company saw significant growth across segments, with home rental services revenue surging 118.4% and home renovation revenue up 32.6%. However, gross margin decreased to 22.7% from 27.4% year-over-year. The company allocated approximately US$200 million to share repurchases in Q3.
KE Holdings (NYSE: BEKE; HKEX: 2423), known as Beike, has announced it will release its unaudited financial results for the third quarter of 2024 before U.S. market opens on November 21, 2024. The company will host an earnings conference call at 7:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on the same day. The call will be available in both English and Chinese (listen-only), with replay access until November 28, 2024. A webcast will also be available on the company's investor relations website.
KE Holdings Inc. (NYSE: BEKE, HKEX: 2423), known as Beike, has announced an expansion and extension of its share repurchase program. The company's board has approved an increase in the repurchase authorization from US$2.0 billion to US$3.0 billion of its Class A ordinary shares and/or ADSs. The program has also been extended until August 31, 2025.
Since the program's launch in August 2022, Beike has repurchased approximately 95.0 million ADSs (representing about 285.0 million Class A ordinary shares) on the NYSE, with a total consideration of approximately US$1,389.8 million. The company's shareholders approved a general unconditional mandate for share repurchases at the June 14, 2024 AGM, which will cover repurchases under the extended program until the next AGM.
KE Holdings Inc. (BEKE) announced its Q2 2024 financial results, revealing a 19.9% increase in net revenues to RMB23.4 billion (US$3.2 billion). Gross transaction value (GTV) rose by 7.5% year-over-year to RMB839.0 billion (US$115.5 billion). Net income reached RMB1,900 million (US$262 million), a 46.2% year-over-year increase. Adjusted net income was RMB2,693 million (US$371 million).
Existing home transactions saw a 25.0% GTV increase to RMB570.7 billion (US$78.5 billion), while new home transactions dropped by 20.2% to RMB235.3 billion (US$32.4 billion). Home renovation and furnishing GTV increased by 22.3% to RMB4.2 billion (US$0.6 billion). The number of stores increased by 6.9% and mobile monthly active users averaged 49.7 million.
BEKE also upsized its share repurchase program from US$2 billion to US$3 billion, extending it to August 31, 2025.
KE Holdings Inc. (NYSE: BEKE; HKEX: 2423), known as Beike, a leading integrated online and offline platform for housing transactions and services, has announced it will report its unaudited financial results for the second quarter of 2024 on August 12, 2024, before the U.S. market opens. The company will hold an earnings conference call at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on the same day.
Participants can join the call using dial-in numbers after completing online registration at least 20 minutes before the scheduled start time. The company has provided separate registration links for the English line and Chinese Simultaneous Interpretation line (listen-only mode). A replay of the call will be available until August 19, 2024, and a live and archived webcast will be accessible on the company's investor relations website.
On June 14, 2024, KE Holdings Inc. (NYSE: BEKE; HKEX: 2423), a leading platform for housing transactions and services, announced the approval of all proposed resolutions at its annual general meeting in Beijing.
The resolutions include the re-election of Yongdong Peng and Yigang Shan as executive directors, and Jun Wu as an independent non-executive director.
The meeting also granted the company's directors the mandate to issue additional Class A ordinary shares and repurchase the company's own shares.
KE Holdings Inc. (NYSE: BEKE) announced its unaudited financial results for Q1 2024. The company reported a gross transaction value (GTV) of RMB629.9 billion, a 35.2% YoY decrease. Net revenues were RMB16.4 billion, down 19.2% YoY. Net income was RMB432 million, with adjusted net income at RMB1,392 million. The number of stores increased by 7.1% to 44,216, while the number of active agents dropped by 3.0% to 399,159. Mobile monthly active users rose to 47.7 million. The company emphasized its commitment to sustained growth through quality and efficiency and highlighted its innovative community mini-store models and customer engagement strategies. A significant share repurchase program of approximately US$220 million was executed in Q1 2024.
KE Holdings Inc., also known as Beike, will report its unaudited financial results for the first quarter of 2024 on May 23, 2024. The earnings conference call will be held at 8:00 A.M. Eastern Time on the same day. Participants can register online to join the call and access dial-in numbers and passcode. A replay of the call will be available until May 30, 2024. Both English and Chinese interpretation options are provided.
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