KE Holdings Inc. (BEKE) Prices 106M ADS IPO at $20/ADS
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KE Holdings Inc. Announces Pricing of Initial Public Offering
August 13, 2020 5:21 AM EDTBEIJING--(BUSINESS WIRE)-- August 13, 2020--KE Holdings Inc. (Beike or the Company) (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today announced the pricing of its initial public offering of 106,000,000 American Depositary Shares (ADSs), each representing three Class A ordinary shares of the Company, at a price to the public of US$20.00 per ADS for a total offering size of US$2.12 billion, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange today under the... More
