Property group Longfor hits all-time low as contracted sales drop
13/10/2026 05:20
BUZZ-Property group Longfor hits all-time low as contracted sales drop ** Shares of Longfor Group Holdings 0960.HK slip 3.5% to HK$4.955, their lowest since debut in November 2009 and declining for a second straight session
** Chinese property developer and investor said its September 2026 contracted sales amounted to 2.30 billion yuan ($343.52 million)
** That compared to contracted sales of 5.01 billion yuan in September 2025
** YTD, stock down 40.2%, benchmark Hang Seng Index .HSI down 5.7%
($1 = 6.6954 Chinese yuan)
(Reporting by Donny Kwok)
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