US Stock Market Move | KE Holdings, Inc. Sponsored ADR Class A (BEKE.US) rose by 3% as several core cities in China welcomed a "mini spring" market in March.

On Thursday, KE Holdings, Inc. Sponsored ADR Class A (BEKE.US) rose by 3% to $21.055. In terms of news, the "report card" of the real estate market for the first quarter has been released, and the market's "stabilization after the decline" has achieved certain results. Data from the China Index Research Institute shows that in the first quarter of 2025, the core city market continued to recover, especially since March, the transaction volume of new and second-hand homes in key cities has continued to rise, and several core cities have ushered in a "small spring" market situation, maintaining a trend of recovery. With the push of reduced supply and sales recovery, the available inventory in key cities has generally decreased, and the clearance period has shortened.