LONGFOR GROUP HLDG (LGFRY) News

Longfor Group Holdings (LNGPF) Receives a Buy From J.P. Morgan

TipRanks08:27 · Ratings

龍湖集團：董事會會議通告

HKEXAug 17 19:24 · Announcements

A subsidiary of Hongyi Culture Group (00419.HK) has signed a cooperation agreement with Longfor Property Services on a robotic operations platform.

Gelonghui, August 17 | Hony Capital Group (00419.HK) announced that its indirect subsidiary, Ainuobo (Chengdu) Technology Co., Ltd., has signed a "Cooperation Agreement on the Joint Construction and Operation of a Property Robot Operating Platform" with Longfor Property Services Group Co., Ltd. ("Longfor Property Services"). The cooperation term is five years. Both parties will leverage the group's AIROBO operating system as the technical foundation to jointly build and operate the "Longfor Property Robot Operating Platform," achieving unified access and centralized operational management for robots across multiple brands and categories, thereby promoting the scaled application of robots in community and property management scenarios. Longfor Property

Gelonghui FinanceAug 17 16:51

[Major Banks] JPMorgan's Investment Ratings and Target Prices for Chinese Property and Property Management Stocks (Table)

JPMorgan issued a research report, listing its investment ratings and target prices for mainland Chinese property developers and property management stocks as follows: Stock | Investment Rating | Target Price (HKD) State-owned mainland developers: China Resources Land (01109.HK) | Overweight | HK$44.00 China Overseas Land & Investment (00688.HK) | Overweight | HK$19.50 China Jinmao (00817.HK) | Overweight | HK$2.05 Privately-owned mainland developers: Longfor Group (00960.HK) | Overweight | HK$10.70 → HK$9.00 Seazen Holdings (01030.HK) | Neutral | HK$2.20 → HK$1.

AASTOCKSAug 17 10:46

JPMorgan: The trough in mainland China’s property market has not yet passed; favors China Overseas Land & Investment (00688.HK), China Resources Land (01109.HK), and China Jinmao (00817.HK)

JPMorgan issued a research report stating that the first-half earnings pre-announcements by Chinese property developers indicate that the industry has not yet bottomed out. The bank forecasts a 17% year-on-year decline in core net profit for state-owned developers, primarily due to sustained pressure on gross margins in property development. However, JPMorgan believes that gross margins in the property development business may bottom out this year, with some developers poised for a rebound next year. The bank favors state-owned enterprises (SOEs) focused on tier-one cities and those whose contracted sales growth outperforms peers, including China Overseas Land & Investment (00688.HK), China Resources Land (01109.HK), and China Jinmao (00817.HK). Among various developers, JPMorgan expects Run

AASTOCKSAug 17 10:44

Longfor Group: Inventory Destocking Led to Property Development Business' Revenue Decline, Gross Margin Profit Pressure>0960.HK

Dow JonesAug 17 09:31

Longfor Group: 1H Profit Expected to Decline on Year Due to Adjustment Period in Real Estate Market >0960.HK

Dow JonesAug 17 09:27

Longfor Group Sees 1H Net CNY1.80B-Net CNY2.00B Vs. CNY3.22B>0960.HK

Dow JonesAug 17 09:27

HK Stock Announcements Spotlight | Inner Mongolia Junzheng Energy & Chemical Group begins IPO subscription today; Zijin Gold International reports interim net profit attributable to shareholders of US$1.451 billion, a year-on-year increase of 178.83%

Zijin Gold International released its interim results, with profit attributable to equity holders reaching USD 1.451 billion, a year-on-year increase of 178.83%; Insilico Medicine was included in the MSCI Global Small Cap Index.

Zhitong FinanceAug 17 08:46

Bank of America: Do not bet solely on AI; recommends going long both “Pride” and “Prejudice,” while positioning in gold and Hong Kong real estate.

Bank of America posits that the optimal strategy amid the AI bubble is to simultaneously go long on "arrogance" (AI technology stocks) and "prejudice" (neglected, underperforming assets shunned by the market), while shorting AI-related bonds. Although Bank of America’s Bull & Bear Indicator is in extreme territory, capital is flowing into gold and commodities, with private client equity allocations hitting record highs. Amid debt pressures and yield volatility, avoiding the U.S. dollar and bonds remains the central theme.

wallstreetcnAug 15 19:58

Longfor Group releases 2026 interim profit forecast, with steady growth in its operation and service business

On August 14, Longfor Group released its interim performance forecast for 2026. The announcement indicated that the net profit attributable to shareholders for the first half of 2026 is expected to range between RMB 1.8 billion and RMB 2.0 billion. After excluding the impact of fair value changes in investment properties and other derivative financial instruments, the core equity profit is projected to range between RMB 50 million and RMB 100 million. Furthermore, Longfor Group disclosed in the announcement that its operations and services business maintained steady growth during the first half, continuing to contribute stable cash flows and profits. Meanwhile, the company has further strengthened its financial stability, achieving positive operating cash flow including capital expenditures for the period as a whole.

Gelonghui FinanceAug 14 20:57

Longfor Group (00960) expects profit attributable to shareholders for the interim period to range between RMB 1.8 billion and RMB 2.0 billion.

Longfor Group (00960) announced that, compared with the profit attributable to equity holders of RMB 3.22 billion for the six months ended June 30, 2025, the profit attributable to equity holders for the six months ended June 30, 2026, is expected to range between RMB 1.80 billion and RMB 2.00 billion. In comparison, the core profit attributable to equity holders, excluding fair value changes in investment properties and other derivative financial instruments, was RMB 1.38 billion for the six months ended June 30, 2025; for the six months ended June 30, 2026, this figure is projected to be between RMB 50 million and RMB 100 million.

Zhitong FinanceAug 14 20:29

LONGFOR GROUP: INSIDE INFORMATION - PROFIT WARNING

HKEXAug 14 20:24 · Announcements

Longfor Group Holdings Stock Slides 5.6% in Hong Kong

Dow JonesAug 13 16:31

Hong Kong Stocks Decrease 0.3% In Morning Trading

Dow JonesAug 13 10:01

Tech Shares, Lull in Oil Prices Lift Asian Stock Markets

MT NewswiresAug 12 18:52

Longfor Group Holdings Stock Advances 8.8% in Hong Kong

Dow JonesAug 12 16:31

Hong Kong Market Close (08.12) | Hang Seng Index Falls 0.83%; Optical Communication and Mainland Real Estate Stocks Rebound Strongly; Master Kong Holdings (00322) Rises Over 7% Post-Earnings

Markets are awaiting the U.S. July CPI data to be released tonight, with the three major Hong Kong stock indices under renewed pressure and declining further, as the Hang Seng Tech Index fell nearly 1%.

Zhitong FinanceAug 12 16:29

Hong Kong Stock Market Movement | Mainland China Real Estate Stocks Generally Rise, China Jinmao Up Nearly 5%, Driven by the '15th Five-Year' Urban Renewal Blueprint and Beijing's Relaxation of Purchase Restrictions

Gelonghui, August 12 | Hong Kong-listed mainland property developers generally rose, with China Jinmao up nearly 5%, Greentown China gaining over 4%, Yuexiu Property rising 3.8%, and C&D International Holdings and China Resources Land both climbing more than 2%. Seazen Group, Longfor Group, and China Overseas Grand Oceans Group all advanced over 1%. On the news front, urban planning guidelines explicitly state that during the 'Fifteenth Five-Year Plan' period, 115,000 old residential communities, 4,000 urban villages, and approximately 500,000 dilapidated or outdated housing units will be redeveloped. These projects will directly stimulate investment and generate additional business for participating real estate developers. Analysts noted that the RMB 15 trillion investment in this round of urban renewal will indeed bring significant opportunities to the real estate sector.

Gelonghui FinanceAug 12 10:06

Hong Kong Stocks: Hang Seng Index Closes Near Session Lows, Down 284 Points; Heavy Selling Pressure on New Economy, Gold-Related, and Auto Stocks; Oil Stocks Advance

The three major U.S. equity indices declined, with losses ranging from 0.1% to 0.3%, as investors awaited this week’s U.S. inflation data and developments in the Middle East. The Hang Seng Index opened 61 points higher today, briefly reclaiming the 26,000 mark in early trading before quickly reversing course and closing near its session low at 25,652.82 points, down 284.67 points or 1.10%. Total market turnover amounted to HK$210.94 billion. The Hang Seng China Enterprises Index closed at 8,528.10 points, down 93.74 points or 1.09%, with turnover of HK$61.86 billion. The Hang Seng Tech Index ended at 4,824.42 points, down 95.04 points or 1.93%.

AASTOCKSAug 11 16:58