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]
美股异动｜贝壳盘前续涨1% 兴证国际料其有望受益于地产行业止跌回稳带来的β弹性