BEKE-W (02423) rose more than 3% in Hong Kong trading, with the stock up 3.08% to HK$44.86 at the time of writing, as turnover reached HK$434 million. The company is scheduled to hold a board meeting on March 16 to review and approve its unaudited full-year results for the period ending December 31, 2025, along with their release. A recent Huatai Securities research report noted that a decline in the volume of second-hand home listings could help ease downward pressure on housing prices, anticipating marginal improvement in BEKE’s brokerage business in the first quarter, with existing home sales profit recovery outpacing that of new homes. Additionally, on March 16, the National Bureau of Statistics released data showing that new home prices in 70 major cities saw a continued narrowing of month-on-month declines in February 2026, though they remained lower year-on-year. Xiangcai Securities pointed out that March and April are traditionally peak seasons for the property market, and following Shanghai’s introduction of the "Shanghai Seven Measures" to relax home purchase restrictions and optimize provident fund loan policies, both second-hand and new home transactions have recently shown growth.