Core Insights - The upcoming implementation of the Housing Rental Regulations on September 15 aims to enhance the quality of the housing rental market by supporting enterprises in revitalizing existing assets and improving service quality [1][8] - The rental market is experiencing structural changes, with an increasing average age of tenants and a growing demand for family-oriented housing [1][2] - The introduction of the Housing Quality Index (HQI) will help assess and improve the quality of rental properties, addressing the prevalent issues of poor-quality housing [6][7] Market Trends - The rental population in China has reached nearly 260 million, with a significant increase in family-type tenants, particularly those aged 35 and above [2] - The demand for rental services is evolving, with tenants prioritizing commuting convenience, housing facilities, and post-rental services [2][3] Company Developments - Beike's rental services have become a key component of its "one body, three wings" strategy, with plans to expand its service offerings and enhance operational efficiency [2][3] - As of March 2025, Beike aims to cover 55,000 stores and 490,000 agents, ensuring a robust supply of rental properties [2] Regulatory Impact - The Housing Rental Regulations will clarify the status of rental enterprises, broaden the supply of rental properties, and compel service upgrades, thereby enhancing the overall market environment [8] - The regulations are expected to drive the housing rental market towards a more legal and standardized phase, promoting high-quality development [8][9] Quality Improvement Initiatives - The HQI will evaluate rental properties based on five core dimensions, helping users identify high-quality housing and guiding property owners in improving their offerings [6][7] - Beike's focus on safety and compliance will be central to its operations, with an emphasis on quality delivery and tenant safety [8]

人民财讯8月26日电，企查查APP显示，近日，贝好家(南京)科技发展有限公司成立，注册资本1000万 元，经营范围包含：互联网信息服务；建设工程设计；人防工程设计；建筑智能化系统设计等。企查查 股权穿透显示，该公司由贝壳(天津)投资有限公司全资持股。 ...

房地产行业 行业研究 | 行业周报 止跌回稳压力加大，后续政策具备较大发 力空间 核心观点 我们不同于市场的见解： 1、今年Q2以来房地产数据持续下行趋势，但同时我们观测到多地优质新盘热销。 对于这两者之间的矛盾，我们的理解为，今年以来高得房率四代宅、新规项目陆续 入市，有效释放改善型需求，但是目前"好房子"体量相对较小，并且二手房以价 换量对于新房也存在挤压效应，新房市场整体企稳仍需要一定时间。 2、不需要过度猜测政策节奏，实际上地产行业及地产股价的修复并不完全依赖于 政策具体的出台时间。无风险利率的下行和行业风险评价降低是推动地产股修复的 主要原因。实际上房地产行业进入下行阶段以后，社会的中高息回报资产明显减 少，自然会带动无风险利率下行。前几年地产股价明显下行，是因为分子端的影响 超过了分母端；目前房地产进入了新的筑底阶段，以及无风险利率进入低利率区 间，分母端的影响超过了分子端，从而将带来未来股价的回升。而在这个过程中， 政策的出台节奏快一点慢一点，强一点弱一点，都不实质性改变整件事情的基本预 期。所以，我们认为只要对国家治理能力抱有信心，那么投资者自然就会对政策能 托底地产存在信心。考虑房地产的底部 ...

KE Holdings Inc. BEKE will release earnings results for the second quarter, before the opening bell on Tuesday, Aug. 26.Analysts expect the Hollywood, Florida-based company to report quarterly earnings at $1.14 per share, up from 97 cents per share in the year-ago period. KE Holdings projects to report quarterly revenue of $1.12 billion, compared to $992.25 million a year earlier, according to data from Benzinga Pro.On May 15, the company said net revenues for the first quarter rose 42.4% year-over-year (Y/ ...

Group 1 - Real estate Chinese concept stocks saw a pre-market rise on August 25, with Fangdd increasing by over 10% and Beike rising by over 5% [2]

Core Viewpoint - Shanghai has announced optimization measures for its real estate policies, following Beijing's lead, aimed at stimulating market activity and better meeting housing demand [1] Group 1: Policy Changes - The Shanghai Municipal Housing and Urban-Rural Development Administration, along with six other departments, issued a notice to optimize and adjust real estate policies, including reducing housing purchase restrictions, optimizing housing provident fund, improving personal housing loans, and refining personal housing property tax [1] - The new policies will take effect on August 26, 2025 [1] Group 2: Market Impact - Analysts suggest that the adjustments in real estate policies are intended to enhance market activity through relaxed purchase restrictions, increased financial support, and tax incentives [1] - These measures are expected to positively impact real estate transaction service platforms such as Fangduo and Beike by increasing transaction volumes and boosting market confidence [1] Group 3: Stock Performance - Following the announcement, Fangduo's pre-market share price increased by 7.6%, while Beike's share price rose by 5% [1] - Fangduo's latest price is $1.450 with a market cap of $5.66 million, and Beike's latest price is $18.530 with a market cap of $22.064 billion [1]

股票名称 回购数 回购额 年累计回购数量(股) 年累计回购数量/总股本 腾讯控股(00700) 91.70 万 5.51 亿 4211.20 万 0.458% 中国宏桥(01378) 1302.70 万 3.15 亿 6713.80 万 0.720% 中国石油化工股份(00386) 6762.40 万 2.98 亿 6762.40 万 0.060% 恒生银行(00011) 20.00 万 2252.56 万 320.00 万 0.170% 百胜中国 (09987) 1.77 万 627.67 万 501.34 万 1.350% 贝壳-W(02423) 64.80 万 400.00 万 2734.94 万 0.759% 百胜中 国(09987) 6.96 万 320.00 万 501.34 万 1.350% 元征科技(02488) 21.05 万 239.74 万 257.50 万 1.594% 北森 控股(09669) 14.56 万 117.69 万 749.06 万 1.066% 富智康集团(02038) 7.50 万 109.21 万 374.68 万 0.476% 康宁医院(02120) 2.92 万 ...

Group 1 - The company Beike-W (02423) announced a share buyback plan [1] - The company will spend 4 million USD to repurchase 648,000 shares [1] - The buyback price is set between 6.10 and 6.22 USD per share [1]

智通财经APP讯，贝壳-W(02423)发布公告，于2025年8月22日该公司斥资400万美元回购64.8万股，回 购价格为每股6.10-6.22美元。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 貝殼控股有限公司 呈交日期： 2025年8月25日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 A | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02423 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（ ...