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BEKE 4Q25 First Take: A high base after Sep-24 easing and renewed property market weakness since H2-25 combined to make this quarter look very weak. Total revenue fell nearly 30% YoY, while adj. profi...

Beike 3Q25 Quick Interpretation: Overall, Beike's performance this quarter can be summarized as "not good, but not as bad as feared."

Due to the recent general decline in U.S. stocks, the company's sh...