BEKE-W Opens 6.9% Higher as Brokers Say 1Q26 Profit Far Exceeds Forecasts

AASTOCKS News
2026.05.20 02:28
portai
I'm LongbridgeAI, I can summarize articles.

BEKE-Wopened 6.85% higher after reporting a 15.7% YoY increase in 1Q26 non-GAAP net profit to RMB1.61 billion, with gross margin at a seven-quarter peak. Brokers have positive ratings, with Citi and G Sachs projecting significant growth and improved margins. The stock is currently trading at HKD48, up 5.31%. Analysts expect continued profitability from new business expansions and operational efficiencies.