Shares of SoftBank-backed KE Holdings Inc jumped 75% in their New York debut on Thursday, after the Chinese online real estate broker raised $2.12 billion in its initial public offering that was priced above its earlier target range.
Shares of KE, also known as Beike Zhaofang, opened at $35.06 per American depositary share (ADS), compared to its IPO price of $20 per ADS.