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KE Holdings-W (02423.HK) spent 5 million USD to repurchase 0.8352 million shares on January 2.
Gelonghui January 3丨 KE Holdings-W (02423.HK) announced that on January 2, 2025, it spent 5 million USD to repurchase 0.8352 million shares.
According to Citigroup in its report "Major Companies," domestic property sales are expected to decline by 23% year-on-year this year, with KE Holdings (02423.HK), Sun Hung Kai Properties (01109.HK), and Greentown (03900.HK) as top picks.
Citibank's research report indicates that sales in the domestic property market are expected to decline by 23% year-on-year this year, and it noted that land acquisitions in the first ten months of last year decreased by 65% year-on-year. However, this decline may be slightly alleviated by the warming trend in land purchases in major cities such as Shanghai, Peking, and Hangzhou in November and December, with China Overseas (00688.HK), Sunac (01109.HK), YUEXIU PROPERTY (00123.HK), and Greentown (03900.HK) being the most active. The bank also listed its favorites, including KE Holdings (02423.HK), Sunac, and Greentown, pointing out that while the policy direction is correct, it requires time. The bank stated that the Industry
December 31 share buybacks | TENCENT, AIA, and others have carried out buybacks, among which TENCENT spent 0.574 billion HKD.
According to a document disclosed by HKEX on January 2, TENCENT (00700.HK), AIA (01299.HK), and others repurchased shares. ① TENCENT (00700.HK) repurchased 1.37 million ordinary shares on December 31, involving an amount of 0.574 billion HKD, with the repurchase price ranging from 421.4 HKD to 416 HKD per share.
KE Holdings-W (02423.HK) repurchased 1.6173 million shares for 10 million USD on December 31.
On January 2, Gelonghui reported that KE Holdings (02423.HK) announced the repurchase of 1.6173 million shares at a cost of 10 million USD by December 31, 2024.
Express News | Ping An Securities: The top 100 sales continue to stabilize, and leading real estate companies exhibit greater resilience.
KE Holdings has acquired land in first-tier cities.
Exploring new models.