Futu News reported on May 11 that it is an integrated real estate trading and service platform$shell-W (02423.HK) $Officially listed on the Hong Kong Stock Exchange, it became the first Chinese securities company to be double listed in Hong Kong by “introduction method”. Shares are traded in units of 10 Class A common shares per lot.The opening price on the first day was HK$30.954, with a total market capitalization of approximately HK$117.415 billion.
According to Futu data, the company's American Depositary Shares$seashell (BEKE.US) $Yesterday, the NYSE closed at $11.83, up 4.05%, equivalent to HK$30.85. Based on the overnight closing price of US stocks, the discount is about 0.3% from the opening price of Hong Kong stocks.
Company Overview
Shell is a leading online and offline integrated real estate transaction and service platform. It pioneered the establishment of platform infrastructure and standards in China, and is committed to reshaping the operating model of service providers, so as to more efficiently provide consumers with other real estate transaction services such as second-hand and new housing transactions, housing leasing, and home improvement.
Shell was listed on the New York Stock Exchange on August 13, 2020. As of the close of trading on May 4, $BEKE.US (BEKE.US) $ closed at $14.41, with a total market value of US$17.166 billion.
In 2021, Shell's platform completed more than 4.5 million real estate transactions, with a total transaction volume of RMB 3,853.5 billion. According to the Insight Consulting Report, in terms of total transaction volume, the company is the largest real estate transaction and service platform in China, and at the same time...