BUZZ-KE Holdings down after Q3 results miss expectations

Reuters11-21

** U.S.-listed shares of real estate services company KE Holdings fall 6.08% at $19 in premarket after third-quarter results came below estimates

** The company's third-quarter net revenue rose 26.8% year-on-year to 22.6 billion yuan ($3.12 billion) below analysts' average estimate based on LSEG data of a 31.7% increase to 23.46 billion yuan

** "The existing home market was relatively stable (in the third quarter), while the new home market was still in a bottoming stage with weak supply and demand, " said the company's Executive Director and Chief Financial Officer, Tao Xu

** Up to the previous session's close, shares were up 24.8% YTD.

($1 = 7.2409 Chinese yuan renminbi)

(Reporting by Joao Manuel Mauricio)

((JoaoManuel.VicenteMauricio@thomsonreuters.com))

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