China Real Estate Market Crash: 5 Stocks at Risk

3. KE Holdings Inc (NYSE:BEKE)

Number of Hedge Fund Holders: 34

KE Holdings, Inc. (NYSE:BEKE) is another company that’s vulnerable to a mortgage crisis in China, as the company operates an integrated online and offline platform for housing transactions and services in the People’s Republic of China. KE Holdings operates in three segments: Existing Home Transaction Services, New Home Transaction Services, and Emerging and Other Services. It facilitates various housing transactions ranging from existing and new home sales, home rentals, home renovation and furnishing, and other services. As of August 11, BEKE shares have lost 23.63% year-to-date.

At the end of Q1 2022, 34 hedge funds held stakes in KE Holdings Inc (NYSE:BEKE) valued at $883 million, down considerably value-wise from the 34 funds that held positions worth $2.3 billion a quarter earlier. In the second quarter of 2022, Bridgewater Associates reduced its stake in KE Holdings Inc. (NYSE:BEKE) by 6%, owning a $55.4 million position in the company. As of June 30, Ray Dalio’s hedge fund owns 3.08 million shares of KE Holdings Inc. (NYSE:BEKE) and is the largest shareholder in the company.