Is KE Holdings a Good Chinese Stock to Add to Your Portfolio?

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However, the housing broker was warned last month by the State Administration for Market Regulation (SAMR) for suspected anti-competitive practices. BEKE’s shares have retreated 23.1% over the past three months and 19.5% so far this year.

Also, the recent death of its billionaire founder Zuo Hui, who built the company into China’s largest platform for housing services, has made investors nervous regarding the stock’s prospects. While BEKE’s strong business model and success in enhancing its online content for new home projects have helped it achieve strong topline growth, given the regulatory pressure now on the company, its near-term prospects look uncertain.

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