KE Holdings Inc., a leading online and offline platform for housing transactions in China, witnessed a sharp surge in its stock price on Monday morning. The company's shares soared 13.64% in pre-market trading, following China's announcement of adopting an "appropriately loose" monetary policy for 2025, a move aimed at supporting economic growth.

The decision to ease monetary policy, the first such shift since 2010, was taken during a Politburo meeting, where top Communist Party officials outlined plans to implement more proactive fiscal and monetary measures, boost consumption, and expand domestic demand. This policy shift is expected to have a positive impact on Chinese companies, including KE Holdings, as it aims to stimulate the economy and improve market sentiment.

KE Holdings, operating through its subsidiaries Lianjia, Beike, and other brands, provides housing transaction services, including existing home transactions, new home transactions, and home renovation services. As a major player in the real estate industry, KE Holdings is well-positioned to benefit from the government's efforts to revive economic growth and consumer confidence.