Stock Track | KE Holdings Surges Over 5% as Chinese Fintech Stocks React to Government Stimulus

Stock Track

2024-10-15

KE Holdings Inc. (BEKE), the owner of the Beike real estate platform, saw its stock soar over 5% on Monday as Chinese fintech companies experienced mixed reactions to the government's latest economic measures aimed at reviving growth.

The rally came after China and Hong Kong's stock markets reopened following the two-week-long Golden Holiday. While the Hang Seng Index fell 0.8%, the Shanghai and Shenzhen composite indexes made notable gains, with the latter climbing 3%.

Trading was volatile among Chinese fintech stocks, with online brokerage UP Fintech (TIGR) plunging 10% and rival Futu Holdings (FUTU) dropping 2.6%. However, several consumer finance companies saw significant increases, including LexinFintech (LX) surging 8.4%, Lufax Holding (LU) climbing 4.7%, and KE Holdings (BEKE) rising 1.6%.

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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(BEKE), the owner of the Beike real estate platform, saw its stock soar over 5% on Monday as Chinese fintech companies experienced mixed reactions to the government's latest economic measures aimed at reviving growth.</p>\n<p>The rally came after China and Hong Kong's stock markets reopened following the two-week-long Golden Holiday. While the Hang Seng Index fell 0.8%, the Shanghai and Shenzhen composite indexes made notable gains, with the latter climbing 3%.</p>\n<p>Trading was volatile among Chinese fintech stocks, with online brokerage UP Fintech (TIGR) plunging 10% and rival Futu Holdings (FUTU) dropping 2.6%. However, several consumer finance companies saw significant increases, including LexinFintech (LX) surging 8.4%, Lufax Holding (LU) climbing 4.7%, and KE Holdings (BEKE) rising 1.6%.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BEKE","symbol_name":"貝殼","start_time":0,"source_url":"","article_id":"1143194689","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1143194689","pubTimestamp":1728954739,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"KE Holdings Inc. , the owner of the Beike real estate platform, saw its stock soar over 5% on Monday as Chinese fintech companies experienced mixed reactions to the government's latest economic measures aimed at reviving growth.The rally came after China and Hong Kong's stock markets reopened following the two-week-long Golden Holiday. 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