KE Holdings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SEHK:2423 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
28 Mar 25	SellHK$8,296,958	Wangang Xu	Individual	150,000	HK$55.31
27 Mar 25	SellHK$8,085,418	Wangang Xu	Individual	150,000	HK$53.90
26 Mar 25	SellHK$7,998,200	Wangang Xu	Individual	150,000	HK$53.32
25 Mar 25	SellHK$483,292	Wangang Xu	Individual	8,841	HK$54.66
21 Mar 25	SellHK$33,859,772	Wangang Xu	Individual	600,000	HK$56.43
12 Dec 24	SellHK$3,968,681	Wangang Xu	Individual	75,000	HK$52.92
11 Dec 24	SellHK$3,988,780	Wangang Xu	Individual	75,000	HK$53.18
01 Oct 24	SellHK$85,451,650	Wangang Xu	Individual	1,500,000	HK$56.97
30 Sep 24	SellHK$77,475,790	Wangang Xu	Individual	1,500,000	HK$51.65
27 Sep 24	SellHK$45,006,788	Wangang Xu	Individual	900,000	HK$50.01
26 Sep 24	SellHK$75,617,171	Yigang Shan	Individual	1,800,000	HK$42.01
25 Sep 24	SellHK$25,835,635	Wangang Xu	Individual	600,000	HK$43.06
25 Sep 24	SellHK$78,924,175	Yigang Shan	Individual	1,830,234	HK$43.12

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 2423?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	104,568,568	8.81%
Public Companies	111,707,851	9.41%
General Public	144,600,351	12.2%
Private Companies	285,577,058	24.1%
Institutions	540,566,849	45.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 70.04% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
23.9%	Propitious Global Holdings Limited	283,172,106	HK$40.9b	0%	no data
9.41%	Tencent Holdings Limited	111,707,851	HK$16.1b	0%	no data
5.11%	Yongdong Peng	60,640,776	HK$8.8b	0%	no data
4.5%	BlackRock, Inc.	53,386,051	HK$7.7b	52.5%	0.01%
3.6%	T. Rowe Price Group, Inc.	42,753,677	HK$6.2b	16.6%	0.07%
2.75%	Yigang Shan	32,668,642	HK$4.7b	0%	no data
2.4%	Krane Funds Advisors, LLC	28,532,683	HK$4.1b	91.3%	5.89%
2.27%	Capital Research and Management Company	26,950,654	HK$3.9b	144%	0.02%
2.24%	Fidelity International Ltd	26,624,987	HK$3.8b	3.01%	0.19%
2.24%	The Vanguard Group, Inc.	26,557,548	HK$3.8b	4.44%	0.01%
1.61%	Norges Bank Investment Management	19,117,716	HK$2.8b	0%	0.03%
1.4%	JP Morgan Asset Management	16,568,356	HK$2.4b	53.5%	0.03%
1.01%	Hillhouse Investment Management, Ltd.	11,973,402	HK$1.7b	6.32%	1.72%
1%	Wellington Management Group LLP	11,906,106	HK$1.7b	-8.5%	0.03%
0.92%	State Street Global Advisors, Inc.	10,931,101	HK$1.6b	0.07%	0.01%
0.88%	UBS Asset Management AG	10,395,674	HK$1.5b	86.3%	0.02%
0.76%	M&G Investment Management Limited	9,018,777	HK$1.3b	-0.02%	0.3%
0.67%	Renaissance Technologies LLC	7,908,094	HK$1.1b	-3.04%	0.2%
0.65%	Morgan Stanley Investment Management Inc.	7,697,731	HK$1.1b	-1.64%	0.1%
0.55%	Goldman Sachs Group, Investment Banking and Securities Investments	6,545,575	HK$946.3m	0%	0.05%
0.48%	Schroder Investment Management (Hong Kong) Ltd.	5,663,860	HK$818.8m	-16.7%	0.56%
0.47%	Baillie Gifford & Co.	5,551,711	HK$802.6m	0.16%	0.04%
0.43%	Aspex Management (HK) Limited	5,126,453	HK$741.1m	-21.3%	1.98%
0.42%	Xiaohong Chen	4,982,949	HK$720.4m	0%	no data
0.42%	H Capital Management Co., Ltd.	4,948,245	HK$715.4m	0%	54.89%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/08/01 22:44
End of Day Share Price	2025/08/01 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

KE Holdings Inc. is covered by 39 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jiong Shao	Barclays
Xiaomeng Zhuang	BofA Global Research
Liping Zhao	China International Capital Corporation Limited