Morningstar
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Aug 24, 2026
KE Holdings Inc.: Beike Earnings: Valuation Raised by 6% on Higher Agency Efficiency and Margin Outlook
Summary
KE Holdings, or Beike, is a large residential real estate sales and rental brokerage company in China. Founded in 2001, the company operates through self-owned Lianjia stores in Beijing and Shanghai and connected third-party agencies, including franchise brand Deyou in other
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