On August 30th, Ke Holdings (BEKE.US), which rose nearly 4% yesterday, continued to rise by 2.49% in pre-market trading today, reaching $14.8. Goldman Sachs previously issued a report stating that Ke Holdings' strong performance in the second quarter benefited from the supportive housing policies announced by mainland China in May, as well as the company's continuous expansion of market share. The bank expects Ke Holdings to continue expanding its market share in the second half of the year and maintains its 'shareholding' rating with a target price of $19, believing that the planned $3 billion stock repurchase program will provide support as scheduled. Goldman Sachs also pointed out that Ke Holdings' second-quarter performance exceeded expectations and expects the stock price to react positively. Ke Holdings' second-quarter revenue and contribution margin for all divisions were higher than the bank's and market forecasts, giving it a 'buy' rating with a target price of $21 in the US stock market.