{"id":118216,"date":"2020-08-14T00:12:09","date_gmt":"2020-08-13T17:12:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/beike-zhaofang-stock-surges-on-nyse-debut-after-solid-ipo-reception-shrugging-off-external-noise-amid-frayed-us-china-relations\/"},"modified":"2020-08-14T01:03:43","modified_gmt":"2020-08-13T18:03:43","slug":"beike-zhaofang-stock-surges-on-nyse-debut-after-solid-ipo-reception-shrugging-off-external-noise-amid-frayed-us-china-relations","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beike-zhaofang-stock-surges-on-nyse-debut-after-solid-ipo-reception-shrugging-off-external-noise-amid-frayed-us-china-relations\/","title":{"rendered":"Beike Zhaofang stock surges on NYSE debut after solid IPO reception, shrugging off \u2018external noise\u2019 amid frayed US-China relations"},"content":{"rendered":"


\nKE Holdings\u2019 shares almost doubled when they changed hands for the first time on the New York Stock Exchange as investors piled into the biggest initial public offering (IPO) by a Chinese company on a US bourse in more than two years.Its American depositary shares (ADS) fetched US$35.06 in opening trades, compared with its IPO price of US$20. This values China\u2019s biggest online real estate transaction platform, better known at home as Beike Zhaofang, at just under US$40 billion, versus US$14\u2026
\n
\nSource : South China Morning Post
\nRead more…Beike Zhaofang stock surges on NYSE debut after solid IPO reception, shrugging off \u2018external noise\u2019 amid frayed US-China relations<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

KE Holdings\u2019 shares almost doubled when they changed hands for the first time on the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118216","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uKI","jetpack-related-posts":[{"id":118134,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tencent-backed-real-estate-platform-beike-aims-to-raise-us2-billion-in-new-york-ipo-even-as-us-tightens-noose-around-wechat\/","url_meta":{"origin":118216,"position":0},"title":"Tencent-backed real estate platform Beike aims to raise US$2 billion in New York IPO even as US tightens noose around WeChat","date":"August 8, 2020","format":false,"excerpt":"\r KE Holdings, a Chinese online property platform backed by Tencent Holdings and SoftBank Group, is looking to raise about US$2 billion in a US initial public offering (IPO).Also known as Beike Zhaofang, the company is offering 106 million American depositary shares at US$17 to US$19 each, according to a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119506,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/danke-and-beike-a-tale-of-two-similarly-named-nyse-listed-companies-with-vastly-different-business-models-and-fortunes\/","url_meta":{"origin":118216,"position":1},"title":"Danke and Beike, a tale of two similarly named NYSE-listed companies with vastly different business models and fortunes","date":"December 10, 2020","format":false,"excerpt":"\r What\u2019s in a name? As it happens, a lot. At least for two similarly named New York-listed mainland Chinese companies with property-related businesses.Danke, which means eggshells in the Chinese language, is one of them. The other is online property portal Beike, or shell. The two companies have the character\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beike-names-ceo-peng-yongdong-as-new-chairman-following-zuo-huis-death\/","url_meta":{"origin":118216,"position":2},"title":"Beike names CEO Peng Yongdong as new chairman following Zuo Hui\u2019s death","date":"May 24, 2021","format":false,"excerpt":"\r Peng Yongdong, the co-founder, chief executive and executive director of Beike Zhaofang, which is also known as KE Holdings, has been appointed as the company\u2019s new chairman following the death last week of Zuo Hui, the company\u2019s founder.Peng, 41, will take over the reins of Beike, China\u2019s largest online\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122730,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beike-zhaofang-chinas-biggest-online-property-agency-axes-staff-as-housing-sector-heads-into-a-bleak-winter\/","url_meta":{"origin":118216,"position":3},"title":"Beike Zhaofang, China\u2019s biggest online property agency, axes staff as housing sector heads into a bleak winter","date":"October 21, 2021","format":false,"excerpt":"\r Ke Holdings, China\u2019s biggest online property agency, also known as Beike Zhaofang, has started laying off staff across the country as the housing sector slides into the doldrums.A former Beike employee in Chengdu, who chose only to give her last name, Xue, told the Post her manager started to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120429,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jd-coms-logistics-unit-set-to-sell-shares-through-hong-kong-ipo\/","url_meta":{"origin":118216,"position":4},"title":"JD.com\u2019s logistics unit set to sell shares through Hong Kong IPO","date":"February 16, 2021","format":false,"excerpt":"\r The logistics unit of Chinese e-commerce giant JD.com is set to sell its shares through an initial public offering (IPO) at the Hong Kong stock exchange.JD Logistics\u2019 application to the local bourse on Tuesday came more than two months after JD Health raised US$3.5 billion in its maiden share\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults\/","url_meta":{"origin":118216,"position":5},"title":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults","date":"February 9, 2022","format":false,"excerpt":"\r Investors seem to have lost their appetite for bonds issued by Chinese developers while rising defaults by an increasing number of cash-strapped companies have pushed the cost of funding for the sector to more than a decade high.Chinese real estate companies issued 48.1 billion yuan (US$7.6 billion) worth of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118216"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=118216"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118216\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}