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KE Holdings Inc. Successfully Listed on the Main Board of the Stock Exchange of Hong Kong
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BEIJING--(BUSINESS WIRE)--KE Holdings Inc. (NYSE: BEKE) has successfully listed its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK) under stock code '2423'. The shares are traded in lots of 100 and are fully fungible with the American depositary shares (ADSs) on the NYSE. Chairman Peng Yongdong expressed gratitude to stakeholders and emphasized the company's mission of providing admirable service and enhancing living experiences for families in China.
Positive
Successful listing of Class A ordinary shares on SEHK enhances visibility.
Shares are fully fungible with ADSs, providing liquidity for investors.
Negative
None.
BEIJING--(BUSINESS WIRE)--
KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today announced that it has successfully listed, by way of introduction, its Class A ordinary shares (the “Shares”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “SEHK”). The Shares are traded on the Main Board of SEHK under the stock code “2423” in board lots of 100 Shares, and the stock short name is “BEKE - W”. The Company’s American depositary shares (the “ADSs”), each representing three Shares, remain primarily listed and traded on the New York Stock Exchange (the “NYSE”). The Shares listed on the Main Board of the SEHK are fully fungible with the ADSs listed on the NYSE.
“As we embark on a new journey with our successful listing on the main board of SEHK, I want to express my gratitude for the support of all our customers, service providers, partners and shareholders who have believed in us,” commented Mr. PENG Yongdong, chairman and chief executive officer of Beike. “We have been part of the biggest changes in the housing related industry—technology fundamentally reshaping the customer experience and the value of service providers becoming increasingly prominent. As the leading integrated online and offline platform for housing transactions and services, upholding our mission of ‘admirable service, joyful living,’ Beike is well positioned to meet the evolving needs of “joyful living” and help hundreds of millions Chinese families live better.”
About KE Holdings Inc.
KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building infrastructure and standards to reinvent how service providers and housing customers efficiently navigate and complete housing transactions in China, ranging from existing and new home sales, home rentals, to home renovation and furnishing, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With more than 20 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build its infrastructure and standards and drive the rapid and sustainable growth of Beike.
