STOCKS | KE Holdings Rises 5% As HSI Gains 2.5%

KE Holdings (02423) rose as much as 5.1% to HK$48.84, breaking above its 10-day moving average of HK$46.988, and was last up 5% at HK$48.76, according to ETNet. The stock traded 4.6725 million shares worth HK$226 million. Its active buy-sell ratio was 74:26, with net active buying of HK$102 million. The largest net passive buyer was Susquehanna HK, while JPMorgan was the largest net passive seller. The Hang Seng China Enterprises Index was up 2.5%, or 208 points, at 8,593. Among related stocks, Tencent, Kuaishou, Xiaomi, Meituan, Baidu, Trip.com, Alibaba and NetEase all traded higher, while WuXi Biologics fell.