Core Viewpoint - Beike (BEKE.US) has experienced a 7-day consecutive rise, with a total increase of 13.7%, indicating a reversal trend in its stock performance [1] Company Strategy - Beike is implementing a "one body, three wings" strategy, focusing on creating a comprehensive residential service ecosystem that covers real estate transactions, home decoration, rental, and residential development [1] - The existing housing business relies on the ACN collaboration network and property dictionary, establishing a solid industry barrier [1] - The new housing business emphasizes the 3P model, contributing over 80% of transaction volume, serving as a core growth engine [1] Future Outlook - The company plans to deepen its "one body, three wings" strategy, ensuring steady development in the real estate brokerage sector while accelerating the layout of three major business lines: Huihaoju, integrated decoration, and Beihome [1] - This approach aims to enhance one-stop residential service capabilities and solidify its leading position in the industry [1]

买房是人生大事，但二手房交易涉及环节多、周期长，买卖双方对交易进度透明化、流程规范化及房款 资金安全的需求日益迫切。为更好地保障买卖双方的交易安全、降低交易过程中的资金风险，贝壳构建 起一套全流程、标准化的服务保障体系。 "安全是底线，大连是东北区域首个发布'房款安全，平台兜底'服务承诺的城市，我们希望通过这样的 硬承诺落地，确保客业双方交易房款安全无忧。"贝壳找房大连城市总经理李晓飞在分享时表示，"签约 不是服务的结束，而是服务的开始。四年来，贝壳大连站共履行了1580次保障承诺，支付保障金2772万 元。我们一直努力通过各种实践延伸自身房产交易的服务链条、重塑服务体验。" 2025年9月9日，主题为"安好家 真保障"的贝壳大连站品牌服务升级暨房款安全承诺发布会在大连君悦 酒店成功举办。会上，贝壳大连站正式推出"房款安全 平台兜底"的资金安全服务承诺，成为东北地区 首个提供此项服务的城市。这意味着，在大连，房产交易双方只需按照标准的流程进行房款支付，贝壳 平台承诺对交易资金进行保障兜底，彻底解决购房者对房款安全的担忧。 二手房交易金额动辄数百万，房款在买卖双方、中介机构、银行系统间流转，每个环节的风险都不容 ...

格隆汇9月9日丨贝壳-W(02423.HK)公告，9月8日耗资700万美元回购109.6万股。 ...

贝壳-W(02423)发布公告，于2025年9月8日，该公司斥资699.77万美元回购109.65万股。 ...

| 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 | | 佔有關事件前的現有已發 | | 每股發行/出售價 (註4) | 已發行股份總數 | | | | 已發行股份（不包括庫存股份）數 目 | 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | | | | 於下列日期開始時的結存(註1) | 2025年9月5日 | 3,430,132,293 | | 0 | | 3,430,132,293 | | 1). 其他 (請註明) | | | % | | | | | 見B部分 | | | | | | | | 變動日期 2025年9月8日 | | | | | | | | 於下列日期結束時的結存 (註5及6) | 2025 ...

转自：推广 9月9日，"宁波住好家 贝壳真保障"——贝壳找房宁波站服务保障发布会暨专列启动仪式在宁波鼓楼地 铁站站厅成功举行。贝壳找房宁波站宣布全面升级其服务保障体系，正式推出覆盖二手房、新房、租赁 三大业务的"真保障"服务体系，并创新性地通过地铁品牌专列的形式，将服务保障融入市民日常出行场 景。 多方携手，共促服务升级 发布会现场，来自主管部门、行业协会、十七家银行、十余家媒体代表及自媒体达人等齐聚一堂，共同 见证贝壳服务保障升级。宁波市消费者权益保护委员会、宁波市房地产业协会、中国建设银行宁波分行 等相关领导出席并致辞，对贝壳"真保障"服务表示高度认可。宁波市消费者权益保护委员会秘书长陆梦 岚充分肯定了贝壳找房在保障消费者权益、提升服务质量方面所做的努力，并对其主动接受社会监督的 态度表示赞赏，希望贝壳继续严守诚信经营底线，履行承诺，畅通沟通渠道，提升全流程服务水平，切 实保障消费者权益。宁波市房地产业协会常务副秘书长王米娜表示贝壳"真保障"服务体系为行业树立了 诚信服务新标杆，对推动行业自律具有积极意义。建设银行宁波市分行副行长陈路高度认可与贝壳的合 作，强调双方通过金融与居住服务的深度融合，共同为消费 ...

最近一段时间，为了促进房地产市场平稳健康发展，多个重点城市出台了利好政策，特别是在限购政策 的放宽方面力度较大。其中，北京、上海、深圳的政策调整尤为引人关注。(格隆汇) 贝壳(BEKE.US)美股盘前继续上涨2.45%，该股此前已录得6连涨。消息上，兴证国际发布研报称，预计 贝壳2025/2026/2027年经调整归母净利润分别为62/74/86亿元，认为公司作为行业龙头，自身α属性强， 同时有望受益于地产行业止跌回稳带来的β弹性。 ...

Core Viewpoint - The real estate industry faces significant consumer complaints related to property quality, transaction transparency, and after-sales service, prompting companies like Beike to enhance service commitments and consumer protections [1][2]. Group 1: Consumer Issues in Real Estate - Consumers often encounter issues such as price discrepancies and lack of after-sales support, leading to trust crises in real estate services [2]. - Common problems include water leakage, wall cracks, and unpaid property fees, which complicate the post-transaction experience for buyers [2]. Group 2: Beike's Initiatives - Beike has launched three platform-level service commitments in Jinan: genuine listings with a penalty for false claims, commission refunds for failed transactions, and advance payment for property fee losses, supported by a 100 million yuan guarantee fund [2]. - The company has invested over 30.17 million yuan in service commitment guarantees from January 2021 to August 2025, maintaining a monthly service commitment fulfillment rate of 98.5% [3]. Group 3: Strategic Upgrades - Beike has undergone a strategic upgrade from "genuine listings" to "genuine guarantees," reinforcing its commitment to transparent transactions and consumer protection [4]. - The company aims to address the housing needs of young professionals in Jinan, providing clear service commitments to alleviate concerns about potential issues during the buying process [4].

Core Viewpoint - Beike (BEKE.US) shows a strong performance with a 2.32% increase in stock price last Friday and a further 1% rise in pre-market trading, indicating positive market sentiment towards the company [1] Financial Performance - In Q2 2025, Beike's total GTV (Gross Transaction Value) is expected to grow by 4.7% year-on-year to 878.7 billion yuan, with second-hand housing GTV increasing by 2.2% to 583.5 billion yuan and new housing GTV rising by 8.5% to 255.4 billion yuan [1] - The company's revenue for Q2 2025 is projected to increase by 11.3% year-on-year to 26 billion yuan, with adjusted net profit reaching 1.82 billion yuan, aligning with market expectations [1] Future Projections - The firm anticipates Beike's adjusted net profit for the years 2025, 2026, and 2027 to be 6.2 billion yuan, 7.4 billion yuan, and 8.6 billion yuan respectively, highlighting the company's strong alpha attributes and potential beta elasticity from the stabilization of the real estate sector [1]

Core Viewpoint - The report from Xingzheng International predicts that Beike-W (02423) will achieve adjusted net profits of 6.2 billion, 7.4 billion, and 8.6 billion yuan for the years 2025, 2026, and 2027 respectively, highlighting the company's strong alpha attributes and potential beta elasticity from the real estate sector's stabilization, with a buy rating given [1] Group 1 - In Q2 2025, the company's performance met expectations, with total GTV increasing by 4.7% year-on-year to 878.7 billion yuan, driven by a 2.2% increase in second-hand housing GTV to 583.5 billion yuan and an 8.5% increase in new housing GTV to 255.4 billion yuan [2] - The company's revenue grew by 11.3% year-on-year to 26 billion yuan in Q2 2025, with adjusted net profit reaching 1.82 billion yuan, aligning with expectations [2] Group 2 - The Non-GAAP operating expense ratio for Q2 2025 was 16.2%, down 0.3 percentage points year-on-year and 0.1 percentage points quarter-on-quarter, indicating improved management and technology application [3] - The Non-GAAP sales expense ratio also decreased by 0.7 percentage points year-on-year and 0.2 percentage points quarter-on-quarter, suggesting ongoing efficiency improvements [3] Group 3 - The new housing take rate in Q2 2025 remained high at 3.37%, unchanged year-on-year, with the impact of new housing regulations being limited due to their low market share in most cities [4] Group 4 - In the first half of 2025, the company repurchased shares worth 394 million USD, accounting for approximately 1.7% of the total shares outstanding at the end of 2024, and announced an increase in the existing repurchase plan from 3 billion USD to 5 billion USD, extending the plan until August 31, 2028 [5]