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
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
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
