Ke Holdings Inc Stock Price, News & Analysis

KE Holdings Inc. (NYSE: BEKE) announces with sorrow the passing of Mr. Zuo Hui, the founder and chairman, on May 20, 2021. Under his visionary leadership, the company grew into a leading platform for housing transactions and services. Mr. Zuo significantly contributed to the development of the Beike platform and the housing industry in China. The CEO, Peng Yongdong, expressed deep condolences and affirmed the company's commitment to its mission and stakeholders. The board will address corporate governance in the coming weeks.

KE Holdings Inc. (BEKE) reported its Q1 2021 financial results, showcasing remarkable growth. Gross transaction value (GTV) surged to RMB1,069.6 billion (US$163.3 billion), a 224.2% increase year-over-year. Net revenues jumped 190.7% to RMB20.7 billion (US$3.2 billion), with net income of RMB1,059 million (US$162 million). The company’s agent count rose by 41.8% to 528,424, reflecting strong performance in existing and new home transactions. The outlook for Q2 2021 estimates net revenues between RMB22.5 billion and RMB23.5 billion, a growth of 11.7% to 16.7% compared to Q2 2020.

KE Holdings Inc. (NYSE: BEKE) will release its unaudited financial results for Q1 2021 on May 19, 2021, post U.S. market close. A conference call is scheduled for the same day at 9:00 PM ET, which will also be available for replay until May 27, 2021. Participants can register online to access call details. KE Holdings operates Beike, an integrated platform for housing transactions in China, leveraging its leading brokerage brand, Lianjia, to drive growth and industry standards.

KE Holdings Inc. (NYSE: BEKE) filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC on April 6, 2021. This comprehensive report is available on the Company's investor relations website. Shareholders can request a hard copy of the annual report, which includes audited consolidated financial statements, free of charge. KE Holdings operates the Beike platform and the leading real estate brokerage brand Lianjia, focusing on enhancing housing transactions and services in China, leveraging nearly two decades of operational experience.

KE Holdings Inc. (BEKE) reported strong financial results for Q4 and FY 2020. Gross transaction value (GTV) surged 65.4% YoY to RMB 1,120 billion (US$171.6 billion) in Q4, while net revenues increased 57.6% YoY to RMB 22.7 billion (US$3.5 billion). The company's net income reached RMB 1,096 million (US$168 million). For FY 2020, GTV was RMB 3.5 trillion (US$536.3 billion), net revenues climbed to RMB 70.5 billion (US$10.8 billion), and adjusted net income rose by 245.4% YoY to RMB 5.7 billion (US$877 million). BEKE anticipates Q1 2021 revenues between RMB 18.5 billion and RMB 19.5 billion.

KE Holdings Inc. (NYSE: BEKE), a leader in China's housing transaction services, will report its unaudited financial results for Q4 and fiscal year 2020 on March 15, 2021. The earnings conference call is scheduled for 9:00 PM ET the same day. The company, known for its Lianjia brand and the Beike platform, focuses on enhancing the efficiency of housing transactions. Participants can register online to join the call, with a replay available until March 23, 2021. For further details, visit the investor relations website.

BEKE (KE Holdings Inc.) is planning an underwritten public offering of 35,400,000 American Depositary Shares (ADSs), with a possible additional 5,310,000 ADSs. The net proceeds are aimed at expanding service offerings, geographic reach, infrastructure investment, and general corporate purposes. The offering will be managed by major financial institutions including Goldman Sachs, Morgan Stanley, J.P. Morgan, and China Renaissance. This announcement does not constitute an offer to sell or buy securities in any jurisdiction where it would be unlawful.

KE Holdings Inc. (NYSE: BEKE) reported strong Q3 2020 results with a gross transaction value (GTV) of RMB1,050 billion (US$154.6 billion), up 87.2% YoY. Net revenues reached RMB20.5 billion (US$3.0 billion), a 70.9% increase. Adjusted net income saw significant growth of 210.6% to RMB1,858 million (US$274 million). The number of stores and agents rose 41.7% and 50.7%, respectively. The company forecasts Q4 2020 total net revenues between RMB19.2 billion and RMB20.2 billion, indicating a 33.5% to 40.5% increase YoY.

BEKE (KE Holdings Inc.) will release its unaudited financial results for Q3 2020 post-market on November 16, 2020, with a conference call scheduled for 8:00 PM ET. Interested participants must register online at least 20 minutes prior to the call. The earnings report will detail the company's performance in the housing transaction and services sector, where it operates an integrated online and offline platform, including its flagship brand Lianjia. Additional resources for the call are available through the investor relations website.