US Stock Market Move | After the Spring Festival, the real estate market transaction status gradually recovers. KE Holdings, Inc. Sponsored ADR Class A (BEKE.US) rose 5% before the market opened.

On Wednesday, KE Holdings, Inc. Sponsored ADR Class A (BEKE.US) stock premarket rose 5%, to $20.60. In news, according to data published by the National Bureau of Statistics, the year-on-year decline in the price index of new residential buildings in 70 large and medium-sized cities in January narrowed for the third consecutive month to 5%; on a monthly basis, it remained flat. Data shows that as the impact of the Spring Festival holiday fades, the real estate market transaction status is gradually recovering. Last week, the volume of second-hand housing transactions in 12 cities monitored by institutions continued to "rise across the board," and demand in the new housing market continued to be released.