US Stock Market Movement | KE Holdings rises over 8%, rental business exceeds 740,000 managed properties
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Gelonghui, May 19|The price on a certain exchange rose more than 8%, reaching $19.25. In terms of news, KE Holdings announced its results for the first quarter of 2026. As of the end of the quarter, its managed rental property inventory had exceeded 740,000 units, an increase of about 47% year-on-year. Growth in scale and improvement in efficiency jointly drove the continued positive business performance. The profit margin contributed by the housing rental business in the first quarter was 14.8%, an increase of 8.1 percentage points year-on-year, an increase of 4.3 percentage points quarter-on-quarter, and achieved quarter-on-quarter growth for six consecutive quarters.
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