Golden Finance News | Ke Holdings (02423) fluctuated and strengthened. As of the time of publication, it rose by 11.5% to HK$71.25 with a trading volume of 0.193 billion Hong Kong dollars.
On the news front, according to the media, the popularity of some new real estate sales offices in Beijing has increased at the beginning of the National Day holiday, with an increase in the number of customers. In Shanghai, landlords have been raising prices overnight. Yan Yuejin, deputy director of the E-House Real Estate Research Institute in Shanghai, said that the unprecedented relaxation of policies and the expected significant increase in home purchases during the Golden Week holiday will have a major impact on market expectations, helping boost the market outlook after the Golden Week holiday.
In addition, Goldman Sachs issued a research report stating that the liquidity of the stock is believed to meet the requirements for inclusion in the Shanghai-Hong Kong Stock Connect, becoming the first Chinese internet ADR to obtain dual-listing status on the main board. The bank estimates that Ke Holdings may be included in the Southbound Trading of the Stock Connect as early as next week, and this is expected to further boost the stock price from a technical perspective.