Ke Holdings' Margin May Improve Over Time -- Market Talk
Dow Jones
Mar 17
0828 GMT - Ke Holdings' margin may improve over time, Daiwa analysts say in a research note. The Chinese real-estate platform's 4Q net income missed street estimates by 35% due to one-off severance costs from aggressive layoffs, but this may benefit the company's cost structure over the longer term. "We expect cost savings from headcount optimization and improvements in home rental profitability to support margin expansion in 2026," the Daiwa analysts say. Daiwa keeps an outperform rating on the stock and raises its 12-month target price to HK$51.00 from HK$46.00. Shares closed at HK$43.76. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
March 17, 2026 04:28 ET (08:28 GMT)
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