KE Holdings Inc. (BEKE), a leading integrated online and offline platform for housing transactions and services in China, saw its stock price surge 6.13% in Wednesday's trading session. The significant uptick comes on the heels of the company's impressive third-quarter financial results and an expanded share repurchase program.

The company reported a total transaction volume (GTV) of RMB736.7 billion for Q3, with net revenue increasing 2.1% year-over-year to RMB23.1 billion. Notably, KE Holdings achieved a net profit of RMB747 million, with adjusted net profit reaching RMB1.286 billion. Bank of America Securities highlighted that while the revenue aligned with market consensus, the adjusted net profit exceeded expectations, driven by significant contributions from the company's home renovation and rental businesses.

Investor confidence was further bolstered by KE Holdings' aggressive share buyback strategy. Zhongtai Securities noted that the company's Q3 2025 buyback amounted to $281 million, the highest quarterly repurchase in nearly two years. Since initiating the program in September 2022, BEKE has repurchased approximately $2.3 billion worth of shares, representing 11.5% of its pre-buyback outstanding shares. This expanded buyback scale not only reflects management's confidence in future growth prospects but also demonstrates a strong commitment to enhancing shareholder value, which has clearly resonated with investors in today's trading session.