Why Shares of KE Holdings Are Falling Today

Why Shares of KE Holdings Are Falling Today
·2 min read

KE Holdings operates China's leading real estate brokerage brand and has been around for about two decades. Investors have been excited about KE's online platform called Beike that pairs homebuyers with renters, and the company has been compared to the U.S. real estate brokerage Redfin (NASDAQ: RDFN). As of 2:45 p.m. on Monday, KE Holdings stock had bounced back and only traded more than 8% down on the day.

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