People visit the booth of property brokerage platform Beike during the China (Beijing) International Audiovisual Conference, on November 20. Photo: VCG/VCG via Getty Images People visit the booth of property brokerage platform Beike during the China (Beijing) International Audiovisual Conference, on November 20. Photo: VCG/VCG via Getty Images
People visit the booth of property brokerage platform Beike during the China (Beijing) International Audiovisual Conference, on November 20. Photo: VCG/VCG via Getty Images
China property
Business /  China Business

Danke and Beike, a tale of two similarly named NYSE-listed companies with vastly different business models and fortunes

  • Danke has seen no respite since its cashflow troubles came to the fore, with its shares plummeting 75 per cent since listing in January
  • Beike has posted profits in its first quarter after going public, with its shares tripling since debuting in August

Topic |   China property
Pearl Liu
Pearl Liu

Updated: 8:30pm, 10 Dec, 2020

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People visit the booth of property brokerage platform Beike during the China (Beijing) International Audiovisual Conference, on November 20. Photo: VCG/VCG via Getty Images People visit the booth of property brokerage platform Beike during the China (Beijing) International Audiovisual Conference, on November 20. Photo: VCG/VCG via Getty Images
People visit the booth of property brokerage platform Beike during the China (Beijing) International Audiovisual Conference, on November 20. Photo: VCG/VCG via Getty Images
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