Hong Kong shares of China's KE Holdings rise on deal to buy home renovation firm

KE Holdings

11/10/2023 06:11

** Hong Kong shares of KE Holdings  2423.HK  rise 5.7% to
HK$42.85, their highest since Sept. 25
    ** Stock on track for biggest one-day pct rise since Sept. 6
and to extend gains for the second session if trend holds
    ** U.S.-listed shares  BEKE.N  rose 6.2% on Tuesday
    ** Co says to buy home renovation services provider Kongjian
Zhihui Decoration for 1.55 bln yuan ($212.5 mln) to diversify
its home renovation and furnishing services portfolio
    ** Hang Seng Tech Index  .HSTECH  surges 2.1%, Hang Seng
Mainland Properties Index  .HSMPI  adds 1.1% and Hang Seng Index
 .HSI  rises 1.4%
    * Hong Kong-listed stock up 14.9% YTD

($1 = 7.2941 Chinese yuan renminbi)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))