Hong Kong Stocks Move: KE Holdings-W (02423) Rises Over 3% in Morning Trading; JPMorgan Says Faster Growth in Existing-Home Sales Could Benefit KE Holdings

Stock News10:18

According to Zhitong Finance APP, KE Holdings-W (02423) rose more than 3% in morning trading. As of press time, it was up 2.60% at HK$45.04, with a turnover of HK$266 million.

On the news front, the Ministry of Housing and Urban-Rural Development recently stated that the current real estate market has seen two shifts: one is that the supply-demand relationship in the real estate market has undergone major changes; the other is that the real estate market has entered the stock era. The proportion of existing-home transactions rose from 27% in 2020 to 46% in 2025, and in the first eight months of this year it has already reached 52%. Exceeding 50% marks entry into the stock era.

JPMorgan recently said it expects KE Holdings Inc. (BEKE) to see faster growth in the existing-home market that will be sufficient to offset the impact of the new-home market. Although KE Holdings' "unit economics/gross transaction value (GTV)" in new-home transactions is higher than in existing homes, its GTV share in existing homes is significantly higher than in new homes. Therefore, over the long term, KE Holdings can benefit from a shift in transaction volume from the new-home market to the existing-home market.

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As of press time, it was up 2.60% at HK$45.04, with a turnover of HK$266 million.<br><br>On the news front, the Ministry of Housing and Urban-Rural Development recently stated that the current real estate market has seen two shifts: one is that the supply-demand relationship in the real estate market has undergone major changes; the other is that the real estate market has entered the stock era. The proportion of existing-home transactions rose from 27% in 2020 to 46% in 2025, and in the first eight months of this year it has already reached 52%. Exceeding 50% marks entry into the stock era.<br><br>JPMorgan recently said it expects <b>KE Holdings Inc.</b> (<b>BEKE</b>) to see faster growth in the existing-home market that will be sufficient to offset the impact of the new-home market. Although KE Holdings' \"unit economics/gross transaction value (GTV)\" in new-home transactions is higher than in existing homes, its GTV share in existing homes is significantly higher than in new homes. Therefore, over the long term, KE Holdings can benefit from a shift in transaction volume from the new-home market to the existing-home market.</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>Hong Kong Stocks Move: KE Holdings-W (02423) Rises Over 3% in Morning Trading; JPMorgan Says Faster Growth in Existing-Home Sales Could Benefit KE Holdings</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\">\nHong Kong Stocks Move: KE Holdings-W (02423) Rises Over 3% in Morning Trading; JPMorgan Says Faster Growth in Existing-Home Sales Could Benefit KE Holdings\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\">2026-09-29 10:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>According to Zhitong Finance APP, <b>KE Holdings-W</b> (<b>02423</b>) rose more than 3% in morning trading. As of press time, it was up 2.60% at HK$45.04, with a turnover of HK$266 million.<br><br>On the news front, the Ministry of Housing and Urban-Rural Development recently stated that the current real estate market has seen two shifts: one is that the supply-demand relationship in the real estate market has undergone major changes; the other is that the real estate market has entered the stock era. The proportion of existing-home transactions rose from 27% in 2020 to 46% in 2025, and in the first eight months of this year it has already reached 52%. Exceeding 50% marks entry into the stock era.<br><br>JPMorgan recently said it expects <b>KE Holdings Inc.</b> (<b>BEKE</b>) to see faster growth in the existing-home market that will be sufficient to offset the impact of the new-home market. Although KE Holdings' \"unit economics/gross transaction value (GTV)\" in new-home transactions is higher than in existing homes, its GTV share in existing homes is significantly higher than in new homes. Therefore, over the long term, KE Holdings can benefit from a shift in transaction volume from the new-home market to the existing-home market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1084165304.USD","symbol_name":"FIDELITY WORLD \"A\" (USD) ACC","start_time":0,"source_url":"","article_id":"1117324359","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117324359","pubTimestamp":1790648297,"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":"According to Zhitong Finance APP, KE Holdings-W (02423) rose more than 3% in morning trading. 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As of press time, it was up 2.60% at HK$45.04, with a turnover of HK$266 million.On the news front, the Ministry of Housing and Urban-Rural Development recently stated that the current real estate market has seen two shifts: one is that the supply-demand relationship in the real estate market has undergone major changes; the other is that the real estate market has entered the stock era. The proportion of existing-home transactions rose from 27% in 2020 to 46% in 2025, and in the first eight months of this year it has already reached 52%. Exceeding 50% marks entry into the stock era.JPMorgan recently said it expects KE Holdings Inc. (BEKE) to see faster growth in the existing-home market that will be sufficient to offset the impact of the new-home market. Although KE Holdings' \"unit economics/gross transaction value (GTV)\" in new-home transactions is higher than in existing homes, its GTV share in existing homes is significantly higher than in new homes. Therefore, over the long term, KE Holdings can benefit from a shift in transaction volume from the new-home market to the existing-home market.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1117324359","isCrawlerRequest":true}