Technology Stock News Update:  Leju Holdings Ltd (ADR)(NYSE:LEJU)

Leju Holdings Ltd generated a return on investment of 0.00% in past 12 months and return on equity of – 2.30% for similar period.

The share price of Leju Holdings Ltd (ADR)(NYSE:LEJU) dropped -38.00 percent for the year. YTD, the current share price of the stock is below -32.71 percent.

Leju Holdings Limited (“Leju” or the “Company”) (NYSE: LEJU), a leading online-to-offline real estate services provider in China, recently declared that Mr. Xin Zhou, the executive chairman of Leju’s board of directors, intends to purchase Leju’s ordinary shares in the form of American depositary shares with an aggregate value of up to US$10 million during the next six months. Mr. Zhou anticipates to fund the purchase with his own resources.‎ The projected share purchase may be effected on the open market at prevailing market prices and/or in negotiated transactions off the market from time to time as market conditions warrant in accordance with applicable requirements of Rule 10b5-1 and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended.‎

“We are happy to declare the share purchase plan as it underscores confidence in Leju’s long-term prospects,” said Mr. Xin Zhou, “Despite the challenging market conditions in the short term, I remain confident in Leju’s business model and growth prospects.”

Shares of Leju Holdings Ltd (ADR)(NYSE:LEJU) declined -0.31% to $3.23 on Thursday. The share price is trading in a range of 3.08 – 3.25 (Price in Dollars). The stock exchanged hands with 56,191 shares contrast to its average daily volume of 87,124 shares.

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