Why Shares of KE Holdings Rose Today
Shares of KE Holdings (NYSE: BEKE), the largest real estate platform in China, rose 13.4% today for no obvious reason. KE Holdings is a stock that has not done well as of late, down more than 68% over the last six months. As a Chinese stock in the real estate industry that is also traded on the New York Stock Exchange, KE Holdings has been very volatile since its initial public offering in August 2020.