KE Holdings shares are off to a flying start in IPO debut that raises $2.12 billion

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Shares of KE Holdings Inc., a Chinese online property platform, initially soared 77% in a blockbuster public debut Thursday that raised more than $2 billion despite the imminent threat of a hostile U.S. government.

The public debut of KE Holdings
BEKE,
+62.60%

, also known as Beike Zhaofang and backed by SoftBank Group Corp.
9984,
+3.73%

and Tencent Holdings Ltd.
700,
-2.01%

,…



Source marketwatch.com

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