Buying second-hand houses can finally be at ease? Ke Holdings unexpectedly announced full coverage in Zhengzhou.
In second-hand housing trade, both buyers and sellers always face a key issue — fund security. For Chinese people, the scale of funds involved in real estate transactions is enormous, which makes every detail of the trading process require great caution. Any risks arising from a lack of transparency in processes, information asymmetry, or misappropriation of funds can lead to significant losses for both parties involved in the trade. Therefore, ensuring the safety of funds is crucial for protecting the interests of both buyers and sellers. Recently, ke holdings (BEKE.US/02423.HK) held a commitment event in Zhengzhou themed "Assured Commitment, New Future in Henan" regarding fund security.
Buyback gathering on November 28th | tencent, aia insurance, etc. have all repurchased, with tencent spending 0.7 billion Hong Kong dollars.
According to the disclosure on November 29 by hkex, tencent bought back 1.75 million ordinary shares on November 28, involving 0.7 billion Hong Kong dollars, with a repurchase price ranging from 403.8 Hong Kong dollars to 397.6 Hong Kong dollars per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.195 billion shares, accounting for 2.072% of the number of shares issued when the ordinary resolution was passed. aia bought back shares on 11
On November 27, ke holdings-W (02423.HK) spent 4 million USD to buy back 0.621 million shares.
Ke Holdings announced on November 28th that on November 27th, it spent $4 million to repurchase 0.621 million shares.
"One Body Three Wings" continues to seek innovation and change, ke holdings' Peng Yongdong: driving the organization to grow upward.
Recently, the three major first-tier cities of Beijing, Shanghai, and Guangzhou simultaneously announced tax reductions and household registration policies, drawing people's attention back to the real estate market. With a series of new real estate policies released in September, including the "four cancels" and "four reductions," the policy dividends continue to stimulate market vitality, and the real estate market has also entered a healthy development track of "stopping the decline and stabilizing." The one-stop new housing service platform ke holdings also recently released its financial performance for the third quarter of 2024. During the reporting period, ke holdings achieved a total transaction value (GTV) of 736.8 billion yuan, a year-on-year increase of 12.5%, with net revenue amounting to RMB.
First Shanghai: Maintains a "buy" rating on KE Holdings (02423) with a target price of 66.9 Hong Kong dollars.
First Shanghai expects ke holdings' adjusted net income for the next three years to be 8 billion, 9.6 billion, and 10.9 billion yuan respectively.
Ke Holdings-W (02423.HK): New home transactions grew against the trend, continuing high growth in the second curve.
Event: On November 21, 2024, the company announced its third-quarter performance in 2024. Investment highlights Q3 new house GTV bucked the trend with a high year-on-year increase, and the "second curve" continued its growth momentum in 2024 Q1-3 company net.
Hong Kong stocks are volatile | Ke Holdings-W (02423) fell nearly 4%, the proportion of existing home business decreased, dragging down Q3 net profit by over 30% year-on-year.
Ke Holdings-W (02423) fell nearly 4%, as of the time of publication, it fell 3.1%, closing at 48.45 Hong Kong dollars, with a turnover of 11.6081 million Hong Kong dollars.
Repurchase summary on November 27 | tencent, aia and others have repurchased shares, with tencent spending 0.704 billion HKD.
According to the documents disclosed by hkex on November 28, $tencent (00700.HK)$, $aia (01299.HK)$ and others repurchased shares. ① $tencent (00700.HK)$ repurchased 1.77 million ordinary shares on November 27, involving an amount of 0.704 billion Hong Kong dollars, with a repurchase price ranging from 405.8 Hong Kong dollars to 392.2 Hong Kong dollars per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities has reached 0.193 billion shares, accounting for 2.054% of the number of shares issued at the time the ordinary resolution was passed. ② $aia (01299.HK)$
U.S. stocks early market | Core PCE has the largest increase since April of this year! Spot gold briefly dropped; quantum computing concept stocks are booming! QUBT and RGTI rose by 10%, and Quantum once triggered a circuit breaker.
The market continues to focus on Trump's tariff policy and cabinet composition. The actual GDP growth rate of the United States in the third quarter slowed down compared to the second quarter.
Ke Holdings-W (02423) spent 4 million US dollars to buy back 0.65 million shares on November 26.
Ke Holdings-W (02423) announced that the company will spend 4 million dollars to conduct a buyback on November 26, 2024...
U.S. stocks are fluctuating | Ke Holdings surged over 2.8% before the market opened, and CICC raised the target price to $25, bullish on the core business continuing to outperform the market.
Gelonghui on November 27th | Ke Holdings (BEKE.US) rose 2.88% in pre-market trading to $19.26. In terms of news, Zhongjin released a report stating that Ke Holdings' third-quarter revenue increased by 26.8% year-on-year to 22.6 billion yuan, with an adjusted net income of 1.78 billion yuan, exceeding market expectations. The firm maintains its "outperform industry" rating for Ke Holdings, considering the positive trend in policies and the restoration of market risk appetite, raising the target price by 25% to $25 and being bullish on the company's core business continuing to outperform the market. (Gelonghui)
Repurchase summary on November 26 | tencent, hsbc holdings and others have repurchased shares, among which tencent spent 0.703 billion HKD.
According to documents disclosed by hkex on November 27, tencent holdings (00700.HK), hsbc holdings (00005.HK), and others repurchased shares. ① Tencent Holdings (00700.HK) repurchased 1.78 million shares of common stock on November 26, involving an amount of 0.703 billion Hong Kong dollars, with a repurchase price per share ranging from 399 Hong Kong dollars to 392.2 Hong Kong dollars. Since the repurchase authorization resolution, the total number of repurchased securities is 0.192 billion shares, accounting for 2.035% of the number of issued shares when the ordinary resolution was passed. ② Hsbc Holdings (00005.HK) on 1
Express News | Galaxy Securities: Top real estate enterprises are demonstrating excellent operational management capabilities and have a capital advantage, with the market share expected to further increase.
Ke Holdings (2423.HK): The contribution of revenue from the second track business continues to rise, providing ample sustainable growth momentum.
In 2024 Q3, the adjusted net income is 1.78 billion yuan, a year-on-year decrease of 18%: In 2024 Q3, the company's total trade amount is 736.8 billion yuan, a year-on-year increase of 12.5%. During the period, the recorded net income is 22.6 billion yuan, a year-on-year increase of 2.
US stock market | Tesla's rival approved for a $6.6 billion loan! Rivian soared over 13% overnight; the US real estate and building materials market is hot! Home improvement giant Home Depot partners with luxury home builder Toll Brothers for new highs
Apparel retail demand surges! Discount retail giant tjx companies surged nearly 35% during the year, with stock prices reaching a historic high.
Ke Holdings-W (02423.HK) spent 4 million USD to repurchase 0.644 million shares on November 25.
On November 26, 2023, Gelonghui reported that ke holdings-W (02423.HK) announced it will spend 4 million USD to repurchase 0.644 million shares on November 25, 2024.
Guosen Securities: Maintains ke holdings-W (02423) 'outperform the market' rating, expecting a significant profit rebound in the fourth quarter.
Guosen expects ke holdings to have adjusted net income of 9/9.2 billion yuan for the years 2024-2025.
In the report "Major Institutions," the target price for ke holdings (BEKE.US) has been raised to 25 dollars, and the core business continues to outperform the market.
CICC published a report stating that ke holdings (02423.HK) had a year-on-year revenue growth of 26.8% in the third quarter, reaching 22.6 billion yuan. This is generally in line with market expectations; adjusted net profit is 1.78 billion yuan, exceeding market expectations, primarily due to operational expenses being lower than anticipated. Considering the recent market policies that have boosted trade activity, the revenue forecast for this year has been raised by 4% to 91.3 billion yuan. However, given that the company may increase one-time investments in employee incentives, store subsidies, etc., in the fourth quarter, the adjusted net profit forecast has been lowered by 8% to 8 billion yuan. The forecast for next year's performance is maintained.
ke holdings -W (02423.HK): Q3 revenue and profit fell quarter-on-quarter, new business continues to outperform the market.
In Q3, revenue increased year-on-year but decreased quarter-on-quarter, with profits declining both year-on-year and quarter-on-quarter. On the revenue side, in Q3 2024, the company achieved a GTV trade total of 736.8 billion yuan, a year-on-year increase of 12% and a quarter-on-quarter decrease of 12%; revenue was 22.6 billion yuan, and the same...
US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.