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The Bamboo Works

KE Holdings Deconstructed by Slumping Real Estate Market

KE KE Holdings Tina Yip United States Hong Kong

Key Takeaways:

KE Holdings swung to the red in the first half of the year on the back of a slumping Chinese real estate market
The company is trying to offset anemic property trading income with new businesses that are growing but still account for just a small share of revenue

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