HK Stock Movement | BEKE-W (02423) Drops Nearly 3% Ahead of Q3 Earnings Release Next Week; JPMorgan Cuts Target Price to HK$47

Stock News

Nov 07

BEKE-W (02423) fell nearly 3%, trading at HK$41.02 with a turnover of HK$214 million by the time of writing. The company is set to hold a board meeting on November 10 (next Monday) to review and approve its unaudited financial results for the three months ended September 30, 2025.

JPMorgan released a research note stating that while BEKE-W's Q3 performance is expected to meet expectations, there are risks of downward revisions to financial forecasts for Q4 and next year. The bank maintained an "Overweight" rating, citing the company's cost optimization efforts and active share buybacks, projecting a 7% shareholder return this year. However, due to a 21% reduction in next year's earnings estimates, JPMorgan lowered its H-share target price from HK$57 to HK$47.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1132648815"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1132648815\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1132648815?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-07 14:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1132648815","market":"fut","top_or_hot":-1,"title":"HK Stock Movement | BEKE-W (02423) Drops Nearly 3% Ahead of Q3 Earnings Release Next Week; JPMorgan Cuts Target Price to HK$47","media":"Stock News","content":"<p>BEKE-W (02423) fell nearly 3%, trading at HK$41.02 with a turnover of HK$214 million by the time of writing. The company is set to hold a board meeting on November 10 (next Monday) to review and approve its unaudited financial results for the three months ended September 30, 2025.</p>\n<p>JPMorgan released a research note stating that while BEKE-W's Q3 performance is expected to meet expectations, there are risks of downward revisions to financial forecasts for Q4 and next year. The bank maintained an \"Overweight\" rating, citing the company's cost optimization efforts and active share buybacks, projecting a 7% shareholder return this year. However, due to a 21% reduction in next year's earnings estimates, JPMorgan lowered its H-share target price from HK$57 to HK$47.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK Stock Movement | BEKE-W (02423) Drops Nearly 3% Ahead of Q3 Earnings Release Next Week; JPMorgan Cuts Target Price to HK$47</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK Stock Movement | BEKE-W (02423) Drops Nearly 3% Ahead of Q3 Earnings Release Next Week; JPMorgan Cuts Target Price to HK$47\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-07 14:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEKE-W (02423) fell nearly 3%, trading at HK$41.02 with a turnover of HK$214 million by the time of writing. The company is set to hold a board meeting on November 10 (next Monday) to review and approve its unaudited financial results for the three months ended September 30, 2025.</p>\n<p>JPMorgan released a research note stating that while BEKE-W's Q3 performance is expected to meet expectations, there are risks of downward revisions to financial forecasts for Q4 and next year. The bank maintained an \"Overweight\" rating, citing the company's cost optimization efforts and active share buybacks, projecting a 7% shareholder return this year. However, due to a 21% reduction in next year's earnings estimates, JPMorgan lowered its H-share target price from HK$57 to HK$47.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1023057109.AUD","symbol_name":"BGF CHINA \"A2\" (AUDHDG) ACC","start_time":0,"source_url":"","article_id":"1132648815","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132648815","pubTimestamp":1762496172,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"BEKE-W (02423) fell nearly 3%, trading at HK$41.02 with a turnover of HK$214 million by the time of writing. The company is set to hold a board meeting on November 10 (next Monday) to review and...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","02423":"贝壳-W","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","BK4588":"碎股","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU1831875114.USD":"SCHRODER ISF ALL CHINA EQUITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","BEKE":"贝壳","BK1097":"房地产服务","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","BK4509":"腾讯概念","LU1688375341.USD":"贝莱德中国灵活股票基金","LU0651947912.USD":"BGF EMERGING MARKETS EQUITY INCOME \"A5G\" (USD) INC","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","BK4526":"热门中概股","BK4585":"ETF&股票定投概念","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU1051769294.HKD":"BGF EMERGING MARKETS EQUITY INCOME \"A6\"(HKDHDG) INC","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0173614495.USD":"富达中国焦点A","BK4505":"高瓴资本持仓","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","BK4079":"房地产服务","LU0359201612.USD":"贝莱德中国基金A2","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","BK4504":"桥水持仓"},"translate_title":"港股动向|BEKE-W(02423)下周公布第三季度财报前跌近3%；摩根大通下调目标价至47港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02423":1,"BEKE":1},"content_text":"BEKE-W (02423) fell nearly 3%, trading at HK$41.02 with a turnover of HK$214 million by the time of writing. The company is set to hold a board meeting on November 10 (next Monday) to review and approve its unaudited financial results for the three months ended September 30, 2025.\nJPMorgan released a research note stating that while BEKE-W's Q3 performance is expected to meet expectations, there are risks of downward revisions to financial forecasts for Q4 and next year. The bank maintained an \"Overweight\" rating, citing the company's cost optimization efforts and active share buybacks, projecting a 7% shareholder return this year. However, due to a 21% reduction in next year's earnings estimates, JPMorgan lowered its H-share target price from HK$57 to HK$47.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}