0311 GMT - KE Holdings' 3Q results show some positive signs, says Nomura analyst Jizhou Dong in a research note. The Chinese real estate company's 3Q results were slightly better than the market's expectation, Dong says. Non-core business, such as home renovation and rental services, turned profitable in 3Q, relieving some burden from its core property agency businesses, he says. More visibility into the company's future earnings will be important to gauge its market leadership and catalysts for its share price, the analyst says. Nomura maintains a buy rating, with a target price of $23.60 on KE Holdings' ADRs, which last traded at $16.13. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
November 10, 2025 22:11 ET (03:11 GMT)
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