0826 GMT - KE Holdings' margin recovery appears sustainable to DBS Group Research analysts, with the Chinese real-estate platform expecting full-year adjusted net profit margin to exceed its initial target of around 8%. Continued artificial-intelligence-driven productivity gains is expected to support this projection, they note. KE Holdings remains the go-to proxy for potential stabilization in China's physical property market. DBS raises its 2026-2027 earnings estimates by 49%-73% and the target price on KE's shares to HK$56.28 from HK$49.31 and its ADRs from US$21.75 from US$18.97, while reiterating a buy rating. Shares last closed 0.75% higher at HK$45.92, while ADRs ended 5.2% higher at US$18.72. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
May 20, 2026 04:26 ET (08:26 GMT)
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