Beike (02423.HK) launches Hong Kong stock buyback for the first time, with the daily buyback amount in dual markets reaching a new high in two years.

According to the Zhtng financial APP, the latest publicly disclosed information from the exchange shows that on May 22, Beike (02423, BEKE.US) conducted its first stock repurchase in the Hong Kong stock market and simultaneously increased its repurchase efforts in the US stock market. The total amount of stock repurchases on that day in the Hong Kong and US stock markets was approximately $12.5 million, marking a new high in the company's single-day repurchase amount since April 2024. Among them, the amount of stock repurchased in the Hong Kong market was approximately HK$20 million, and the amount of stock repurchased in the US market was approximately $10 million.