Core Viewpoint - Beike (BEKE.US) reported a strong second-quarter performance, with significant year-over-year growth in total transaction volume and net income, alongside an increased share buyback authorization, indicating confidence in future performance [1] Financial Performance - Total transaction volume (GTV) reached 878.7 billion yuan, representing a year-over-year increase of 4.7% [1] - Net income for the quarter was 26 billion yuan, showing an 11.3% year-over-year growth [1] - Adjusted net profit amounted to 1.821 billion yuan [1] Share Buyback Program - Beike announced an increase in its existing share buyback authorization from $3 billion to $5 billion [1] - The duration of the buyback plan has been extended to August 31, 2028 [1] Analyst Ratings - Multiple institutions reaffirmed a "buy" rating for Beike following the earnings report [1] - Dongfang Securities highlighted Beike's position as a leading real estate brokerage in China, focusing on enhancing platform value to strengthen market share [1] - Everbright Securities noted that Beike is expected to benefit from a real estate recovery, with significant growth potential in home decoration and rental services in the long term [1]
美股异动｜贝壳盘前涨超3% 绩后获多家机构重申“买入”评级