Gelonghui November 1st | Bank of America Securities published a research report pointing out that Ke Holdings is the primary beneficiary of the recent policy shift in China and potential cyclical recovery. The group has a high exposure in high-quality segmented markets, and both first-hand and second-hand market shares are increasing. Therefore, it is expected that in this recovery and in the long term, it will outperform market growth. Bank of America believes that the risk-return profile of Ke Holdings has become more attractive, raising the group's target price from HK$62 to HK$73, upgrading the rating from "Neutral" to "Buy", and expecting dividends to increase.