Goldman Sachs China Stocks: Top 5 Stock Picks

Page 1 of 5

In this article, we will be taking a look at Goldman Sachs’ China stocks: top 5 stock picks. To read our detailed analysis of Chinese market dynamics today, you can go directly to see Goldman Sachs China Stocks: Top 10 Stock Picks.

5. KE Holdings Inc (NYSE:BEKE)

Goldman Sachs’ Q2 Stake Value: $191.8 million

Number of Hedge Fund Holders: 36

KE Holdings Inc (NYSE:BEKE) is a real estate company. It operates an integrated online and offline platform for housing transactions and services.

KE Holdings Inc (NYSE:BEKE) had 36 hedge funds long its stock in the second quarter, with a total stake value of $1.3 billion.

Here’s what Artisan Partners said about KE Holdings Inc (NYSE:BEKE) in its second-quarter 2023 investor letter:

“Bottom contributors to performance for the quarter included real estate platform KE Holdings Inc. (NYSE:BEKE). Beike fell due to weaker industry property sales in China in April following the release of strong pent-up demand in Q1, despite accelerating revenue and very modest cost growth.”

Follow Ke Holdings Inc. (NYSE:BEKE)

Page 1 of 5