美银证券表示，集团在优质细分市场中拥有高曝光率，且一手及二手市占率均在提升，因此预计在此次复苏及以长期来看，其将超越市场增长。该行认为贝壳的风险回报已变得更具吸引力。该行将集团目标价由62港元调升至73港元，评级由“中性”调升至“买入”，预计股息将会上升。KE Holdings-W (02423) rose more than 4%, as of the time of publication, it increased by 4.66% to 60.7 Hong Kong dollars, with a turnover of 0.101 billion Hong Kong dollars.
According to the Securities Times app, KE Holdings-W (02423) rose nearly 5%, as of the time of publication, it increased by 4.74% to 60.75 Hong Kong dollars, with a turnover of 0.101 billion Hong Kong dollars.
On the news side, the "National Real Estate Market Monitoring System" of the Ministry of Housing and Urban-Rural Development shows that in October, the total transaction volume of new commercial housing and second-hand housing in the country increased by 3.9% year-on-year, achieving growth for the first time since eight consecutive months of decline since February this year. A research report from Bank of America Securities points out that KE Holdings is a major beneficiary of the recent shift in China's policies and potential cyclical recovery.
Bank of America Securities stated that the group has high exposure in high-quality segmented markets, and both the first-hand and second-hand market shares are increasing. Therefore, it is expected that in this recovery and in the long run, it will outperform market growth. The bank believes that the risk-return of KE Holdings has become more attractive. The bank has raised the group's target price from 62 Hong Kong dollars to 73 Hong Kong dollars, upgraded the rating from "neutral" to "buy", and expects dividends to increase.
