Business mix
- With the Beike platform as the core, it integrates online and offline resources to provide one-stop residential services such as second-hand house sales, new house agency, leasing and home decoration.
- Its directly-operated brand "Lianjia" has been deeply involved in the market for more than 24 years and has established an extensive store network and broker system.
- Export technology, data and operational standards to empower cooperative brokerage companies and form a closed loop of platform-based transactions.
Current key questions
- The company's latest annual report did not give a specific financial outlook, leaving investors with doubts about its future growth path and earnings visibility.
- The recent sharp decline in holdings of large institutions such as Bank of America and Artisan Partners reflects the market's concerns about the pace of recovery in China's real estate market and the uncertainty of company valuations.
- The slow recovery of macroeconomic and home-buying confidence may continue to affect platform transaction volume and commission income, and the catalytic effect of policies needs to be observed.
