Danke and Beike, a tale of two similarly named NYSE-listed companies with vastly different business models and fortunes

//Danke and Beike, a tale of two similarly named NYSE-listed companies with vastly different business models and fortunes

Danke and Beike, a tale of two similarly named NYSE-listed companies with vastly different business models and fortunes

What’s in a name? As it happens, a lot. At least for two similarly named New York-listed mainland Chinese companies with property-related businesses.Danke, which means eggshells in the Chinese language, is one of them. The other is online property portal Beike, or shell. The two companies have the character “ke” in their Chinese names, which means hard outer covering in Chinese and is often used as a metaphor for homes in Chinese culture.However, this is where the similarity ends. The duo have…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-12-10T12:30:08+00:00 December 10th, 2020|Business|Comments Off on Danke and Beike, a tale of two similarly named NYSE-listed companies with vastly different business models and fortunes