NYSE:BEKE
NYSE:BEKEReal Estate

KE Holdings (NYSE:BEKE) Completes US$139 Million Share Buyback

KE Holdings (NYSE:BEKE) recently executed a share buyback, acquiring 7.5 million shares for $139 million by March 31, totaling 10.98% of shares repurchased since their plan's initiation in August 2022. This robust buyback activity highlights their dedication to enhancing shareholder value amidst mixed quarterly earnings, where a revenue increase contrasted with a drop in net income. Concurrently, market conditions showed significant fluctuations with a 4.1% market climb this past week. KE...
NYSE:TME
NYSE:TMEEntertainment

Tencent Music Entertainment Group (NYSE:TME) In Talks For US$2.4 Billion Ximalaya Acquisition

Tencent Music Entertainment Group (NYSE:TME) has made headlines recently as it enters advanced negotiations to acquire the Chinese podcast startup Ximalaya for USD 2.4 billion. This strategic move is expected to bolster its presence in the audio streaming market. Over the last quarter, Tencent Music's share price rose 15%, a performance likely buoyed by the acquisition discussions, alongside a strong annual earnings report showing increased revenue and net income. However, a share buyback and...