Stock Track | KE Holdings Soars on Hopes of Relaxed Homebuying Rules in China

Stock Track

2024-09-20

Shares of KE Holdings Inc., a leading Chinese property platform operator, surged 8.33% on Wednesday, September 19th, amid growing optimism surrounding the potential relaxation of homebuying restrictions in major cities across China.

According to a Bloomberg News report, Chinese regulators are working on a proposal that would allow mega cities such as Shanghai and Beijing to ease curbs on non-local home buyers. This development fueled a rally in the stocks of Chinese property developers, including KE Holdings.

KE Holdings, which operates a popular online platform for housing transactions, saw its Hong Kong-listed shares jump 5.7%, while its U.S.-listed stock soared 8.4% on Thursday, reflecting the positive market sentiment. Other property developers, such as Longfor Group, Sunac, and Midea Real Estate, also experienced significant gains, driven by the potential policy shift.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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