Ailing property market got you down? Not if you’re KE Holdings
The integrated online and offline real estate broker returned to the black last year and paid a generous dividend despite operating in China’s weak property market Key Takeaways: KE Holdings…
CHINA BULLETIN: More Trade Contraction
In this week’s issue exports keep falling, another new chip fund and China’s answer to Irish coffee. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
What property crisis? KE Holdings extends profit streak
The property platform has posted a third straight quarterly profit as the value of its real estate deals jumped 22% and income from home rentals surged Key Takeaways: The company’s…
FAST NEWS: KE Holdings swings back to black on real estate rebound
The latest: Residential real estate broker KE Holdings Inc. (BEKE.US; 2423.HK) on Thursday reported a 61.5% year-on-year jump in revenue to 20.28 billion yuan ($2.93 billion) in the first quarter, as it swung…
KE results show green shoots of recovery after real-estate winter
China’s top property broker insulated itself against a market downturn by expanding into home furnishings and rentals, helping it deliver a quarterly profit Key Takeaways: KE Holdings recorded a modest…
Crumbling Foundations? E-House Paints Grim Picture in Delayed Earnings Report
The real estate services provider’s first-half results highlight its dire situation as it fights for survival in China’s deeply slumping property marketKey Takeaways:E-House’s first-half net loss increased about 18% from…
FAST NEWS: Cost Reductions Help KE Holdings Return to Profits
The latest: Residential real estate broker KE Holdings Inc. (BEKE.US; 2423.HK) reported on Wednesday its revenue fell 2.8% year-on-year in the third quarter to 17.6 billion yuan ($2.45 billion), as it returned to the…