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Stock impact report

Why One Fund Made a $12.5 Million Bet on KE Holdings Despite a 12% One-Year Stock Slide [Yahoo! Finance]

KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) (BEKE) 
Company Research Source: Yahoo! Finance
The shares were worth an estimated $12.54 million at quarter-end. BEKE is not among the fund's top five holdings as of September 30. These 10 stocks could mint the next wave of millionaires › China-based Perseverance Asset Management International initiated a new position in KE Holdings Inc. (NYSE:BEKE) , adding 659,849 shares with a transaction value of approximately $12.54 million, according to its November 14 SEC filing. According to a filing with the Securities and Exchange Commission dated November 14, Perseverance Asset Management International reported a new position in KE Holdings Inc. (NYSE:BEKE) , acquiring 659,849 shares during the third quarter. The stake was valued at $12.54 million at quarter-end, including shares held both with sole and defined discretion. The fund's disclosure showed 23 total reportable positions and $840.49 million in U.S. equity assets under management as of September 30. Top five holdings after the filing: NASDAQ: HTHT: $312.00 million Show less Read more
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