Beke jumped over 9% though Muddy Waters said it was shorting Beke Holdings

Tiger Newspress2021-12-16

Beke jumped over 9% though Muddy Waters said it was shorting Beke Holdings.Muddy Water Research thought this was a huge hoax, like Luckin Coffee Inc.(LKNCY). It estimated that the revenue data of the second and third quarters are exaggerated by 77%-96%, the total turnover of new houses (GTV) is exaggerated by 126%, and the turnover of stock houses is exaggerated by 33%.

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