A screenshot of Beike Zhaofang real estate platform, China's biggest online property brokerage. Photo: KE Holdings website A screenshot of Beike Zhaofang real estate platform, China's biggest online property brokerage. Photo: KE Holdings website
A screenshot of Beike Zhaofang real estate platform, China's biggest online property brokerage. Photo: KE Holdings website

Tencent-backed Beike surges on NYSE debut after solid IPO reception, shrugging off ‘external noise’ amid frayed US-China relations

  • China’s biggest real estate transaction platform raised US$2.12 billion from IPO at price above indicative range, the most in more than two years
  • Stock jumps 87 per cent on the first day of trading in New York trading, valuing company at just under US$40 billion

Topic |   IPO
A screenshot of Beike Zhaofang real estate platform, China's biggest online property brokerage. Photo: KE Holdings website A screenshot of Beike Zhaofang real estate platform, China's biggest online property brokerage. Photo: KE Holdings website
A screenshot of Beike Zhaofang real estate platform, China's biggest online property brokerage. Photo: KE Holdings website
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