slides · global inventory
Overcoming Monster
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16
Includes photographic evidence of a business license and physical location, alongside tables of transaction and agent activity data.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Iceberg3 hits
17
The slide uses photographic evidence and platform screenshots to demonstrate that stores listed as active on BEKE are physically closed or double-counted.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Iceberg3 hits
18
The slide uses investigative findings (photos, agent interviews, and SAIC certificate cross-referencing) to challenge the integrity of store counts on the platform.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Iceberg3 hits
19
The slide uses a combination of a data table, photographic evidence, and a transcript of a field interview to expose data discrepancies.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Iceberg3 hits
20
The slide presents evidence of active listings for stores that should have been closed, comparing transaction volumes against store averages.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose ContradictionLoop · Iceberg3 hits
21
The slide uses a combination of qualitative field research (agent lists) and quantitative data (table of clone store percentages) to argue that BEKE's reported store count is misleading.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
22
The slide uses screenshots of two different store pages to demonstrate that they are managed by the same team, despite being listed separately.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
23
The slide uses a chat transcript and a table of data across five cities to demonstrate the 'clone store' phenomenon.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
24
The slide uses a combination of quantitative data (percentages and store counts) and qualitative field research to expose fraudulent reporting practices.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
25
The slide uses a table to contrast official registration data with physical reality, followed by photographic evidence of a specific store address.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
26
The slide uses photographic evidence of a store plaque and a business license to highlight a specific case of address inconsistency.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
27
This slide is part of a short-seller report alleging fraudulent store count inflation by BEKE.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
28
The slide uses photographic evidence and registration tables to challenge the legitimacy of reported store counts.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
29
This is part of a short-seller report alleging fraudulent store count inflation by BEKE.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
30
Includes a table comparing claimed vs. collected agent data and a screenshot of BEKE's own marketing metrics.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
31
This is a research note page focusing on fraud exposure through external data verification.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
32
The slide uses screenshots of a government website to validate the discrepancy.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
33
The slide uses screenshots of agent profiles and registry data to contrast platform listings with actual employment status.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
34
The slide uses a screenshot of a Chinese corporate registry (QCC) to highlight a discrepancy in employee numbers.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
35
The slide highlights a discrepancy between claimed figures and official government registration data for BEKE's Shanghai entities.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
36
The slide uses a combination of narrative text and a table excerpt from a SEC filing to build a case for data manipulation.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
37
The slide uses a table to contrast official SEC claims with SAIC data to allege fraud.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
38
The slide uses two tables to compare reported agent counts against regulatory limits and internal functional breakdowns.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
39
The slide uses two tables to contrast employee counts at different dates and provides narrative commentary on the volatility of these figures.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
40
Includes a critique of reported agent numbers and a stacked bar chart showing the composition of full-time vs. dispatched workers.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
41
The slide uses a table to calculate the percentage of dispatched workers and follows with a narrative account of a store visit to support the claim of fraudulent agent reporting.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
42
The slide uses specific financial data and SAIC records to contradict company disclosures regarding the Zhonghuan acquisition.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
43
The slide presents corporate registry data to argue that Tianjin Yunju was a proxy entity for BEKE.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
44
The slide contains a mix of investigative commentary and SEC-related disclosure text regarding accounting treatments for investments.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits
45
Includes a qualitative critique of the Shengdu acquisition citing an expert network interview.KE Holdings (BEKE) · Carson C. Block
Research note Short seller Beat · Expose Contradiction3 hits