** Longfor Group leads gains in Hong Kong-listed Chinese property developers, climbing 5% to HK$8.18
** Stock on course for the biggest one-day pct rise since July 12
** China is poised to cut interest rates on more than $5 trillion of outstanding mortgages as early as this month, Bloomberg News reported on Thursday, citing people familiar with the matter
** China Resources Land jumps 3.4%, Yuexiu Property rises 1.2% and China Overseas Land adds 1.1%
** Hang Seng Mainland Properties Index surges 2.2% and Hang Seng Index rises 1.1%
** In China, CSI 300 Real Estate Index climbs 0.7%, while the CSI 300 Index slips 0.02%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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