Movement Alert|KE Holdings Rises 3.14% in Regular Trading, Sustained Buybacks and Broker Buy Ratings Boost Confidence

Market Focus05-29

On May 29, KE Holdings (BeiKe) rose 3.14% in regular trading, trading at 43.58 HKD/share, with trading volume of 184 million HKD.

On the news front, the company has been conducting sustained large-scale share repurchases. On May 27, it spent approximately 14.998 million HKD to buy back 351,100 shares, bringing the cumulative buyback amount this year to 401 million HKD. Additionally, on May 26, the company repurchased approximately 729,927 shares on the NYSE for about 4 million USD, demonstrating consistent capital return commitment.

Separately, Changcheng Securities initiated coverage with a Buy rating, forecasting net profit attributable to shareholders of 4.46 billion yuan for the full year, representing 48.9% year-over-year growth. CITIC Construction Investment also maintained its Buy rating, noting that transaction volumes in core cities such as Shanghai have warmed significantly, potentially supporting a business volume recovery in the second quarter. For Q1, the company reported net profit of 1.255 billion yuan, up 46.7% year-over-year, validating its efficiency-driven growth strategy.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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