Movement Alert|KE Holdings Rises 3.07% in Regular Trading, Sustained High-Frequency Buybacks Continue to Signal Confidence

Market Focus
07/10

On July 10, KE Holdings (02423.HK) rose 3.07% in regular trading, trading at HK$41.06/share, with turnover of HK$68.71 million.

On the news front, the company has maintained an aggressive share buyback cadence. On July 8, KE Holdings repurchased approximately 978,000 A-class ordinary shares on the NYSE for US$5 million, at prices ranging from US$5.08 to US$5.16 per share. Since receiving shareholder authorization on June 12 for up to 346,243,906 shares, the company has cumulatively repurchased approximately 15.18 million shares, representing 0.439% of the authorized total, demonstrating steadily intensifying buyback momentum.

Additionally, data from Shenzhen Beike Research Institute showed that first-half combined primary and secondary residential transactions in Shenzhen exceeded 67,000 units, up 2.2% year-over-year, with the housing market recovery trend providing fundamental support for the company outlook.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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