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LONGFOR GROUP

10.160

+0.1601.60%

Volume:31.07M

Turnover:313.24M

Market Cap:69.98B

PE:6.05

High:10.280

Open:9.740

Low:9.710

Close:10.000

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Overview Company News Filings

Nomura Adjusts Longfor Group Holdings' Price Target to HK$9.50 From HK$9.80, Keeps at Neutral

MT Newswires Live

Greater China Stocks Slip; Taiwan Sees Largest Decline

Longfor May Face Sustained Earnings Pressure -- Market Talk

Longfor Group Will Likely See Healthy Balance Sheet This Year -- Market Talk

BRIEF-Longfor Group Says FY Profit Attributable RMB10.40 Billion

Longfor Group - FY Revenue Was RMB127.47 Bln

THOMSON REUTERS

Longfor Group Expects 20% Drop in 2024 Profit

MT Newswires Live

Chinese Government Unlikely to Boost Property Sector Aggressively -- Market Talk

Longfor Group Holdings Flags Up to 40% Lower Profit for 2024

MT Newswires Live

Longfor Group Logs 5.48 Billion Yuan in February Contracted Sales

MT Newswires Live

BRIEF-Longfor Group Sees Core Net Profit Attributable For Year To Decrease 35% To 40%

BRIEF-Longfor Group Posts February Contracted Sales Attributable RMB3.73 Billion

Longfor Group - February Contracted Sales Attributable RMB3.73 Bln

THOMSON REUTERS

Longfor Group Sees Core Net Profit Attributable for Year to Record a Decrease of Approximately 35% to 40%

THOMSON REUTERS

Longfor Group - Expected Result Due to Downturn in Real Estate Industry in FY

THOMSON REUTERS

S&P Downgrades Longfor on Profitability Pressures

MT Newswires Live

S&P Downgrades Longfor Group Holdings to BB on Heightened Leverage

MT Newswires Live

Greater China Stocks Fall; Hong Kong Posts Largest Decline

Greater China Stocks Rise; Hong Kong Sees Largest Increase

Greater China Stocks Slip; Taiwan Sees Largest Decline

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The Taiwan Taiex index fell 4.2% to 20695.90.Among Hang Seng constituents, Li Ning Co. Ltd. posted the largest decline, dropping 7.2%, followed by shares of Longfor Group Holdings Ltd., which dropped 5.1%. Shares of Sands China Ltd. fell 4.5%.Hansoh Pharmaceutical Group Co. Ltd. was the biggest gainer among companies on the Hang Seng, gaining 3.8%, and China Construction Bank Corp. gained 2.7%. Bank of China Ltd. rounded out the top three movers on Monday, as shares gained 2.2%.Cheng Du Sheng Nuo Biotec Co. Ltd. A was the biggest gainer during the session, surging 20%, and Ningbo Solartron Technology Co. Ltd. A surged 15%. Jiangsu Jingyuan Environmental Protection Co. Ltd. A rounded out the top three movers on Monday, as shares surged 14%.Hai Kwang Enterprise Corp. was the biggest ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4207","LU0348735423.USD","LU1880383366.USD","00939","LU2399975544.HKD","688298","LU0540923850.HKD","LU0634319403.HKD","LU0708995583.HKD","00960","LNNGY","688238","LU1282648689.USD","LU2087589342.USD","LU0348805143.USD","688117","IE00BQJZWZ67.USD","SG9999001226.SGD","LU0052750758.USD","600960","LU0048597586.USD","LU0797268264.HKD","CICHY","03143","688299","LU2495084118.USD","00322","03988","LU0831093199.SGD","03692","01928","LU1522347837.USD","LU0072462343.USD","LU1366334578.USD","82331","LU1497733631.SGD","LU0211977185.USD","SGXZ90724238.SGD","SCHYY","BACHY","601988","SG9999006597.SGD","LU0819121731.USD","LU1048588211.SGD","601939","688096","LU1504937902.USD","BK0278","LU2328871848.SGD"],"gpt_icon":1},{"id":"2523993853","title":"Longfor May Face Sustained Earnings Pressure -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2523993853","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523993853?lang=en_us&edition=fundamental","pubTime":"2025-03-31 16:23","pubTimestamp":1743409380,"startTime":"0","endTime":"0","summary":"0823 GMT - Longfor Group may face sustained pressure in fiscal years 2025-26, according to Nomura analysts in a commentary. The ongoing booking of its loss-making property development projects is the major factor weighing on the company's earnings, the analysts say. Nomura forecasts the company will deliver core earnings of CNY5.0 billon in fiscal year 2025, down 28% on year. The analysts maintain a neutral rating and cut the target price to HK$9.50 from HK$9.80. Shares are last 5.3% lower at HK$9.79. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00960"],"gpt_icon":0},{"id":"2523958835","title":"Longfor Group Will Likely See Healthy Balance Sheet This Year -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2523958835","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2523958835?lang=en_us&edition=fundamental","pubTime":"2025-03-31 10:22","pubTimestamp":1743387720,"startTime":"0","endTime":"0","summary":"0222 GMT - Longfor Group's efforts to ensure a healthy balance sheet is a positive sign for investors, CGS International analysts write in a note. The Chinese property developer's FY 2024 results were disappointing but still profitable as its investment properties and property management units are quite profitable, they say. Despite the challenging market last year, there are some recent positive signs for the property sector, including a strong performance of the secondary market and significant improvement in land markets of top tier cities, they say. CSG International keeps a buy rating on the stock and prefers it among non-state-owned property developers. Shares last at HK$10.06. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00960","BK1555","BK1589","BK1240","BK1521"],"gpt_icon":0},{"id":"2522359935","title":"BRIEF-Longfor Group Says FY Profit Attributable RMB10.40 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2522359935","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522359935?lang=en_us&edition=fundamental","pubTime":"2025-03-28 12:24","pubTimestamp":1743135849,"startTime":"0","endTime":"0","summary":"BRIEF-Longfor Group Says FY Profit Attributable RMB10.40 BillionMarch 28  - Longfor Group Holdings Ltd 0960.HK:FINAL DIVIDEND OF RMB0.10 PER SHAREFY REVENUE WAS RMB127.47 BILLIONFY PROFIT ATTRIBUTABLE RMB10.40 BILLIONGROUP'S INTEREST-BEARING DEBT STOOD AT RMB176.3 BILLION AS AT FY-ENDFurther company coverage: 0960.HK ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250328:nFWN3QA1J1:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1555","BK1521","BK1589","00960","BK1240"],"gpt_icon":0},{"id":"2522069596","title":"Longfor Group - FY Revenue Was RMB127.47 Bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2522069596","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522069596?lang=en_us&edition=fundamental","pubTime":"2025-03-28 12:20","pubTimestamp":1743135651,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250328:nFWN3QA1J1:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1240","00960","BK1555","BK1589","BK1521"],"gpt_icon":0},{"id":"2519422839","title":"Longfor Group Expects 20% Drop in 2024 Profit","url":"https://stock-news.laohu8.com/highlight/detail?id=2519422839","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519422839?lang=en_us&edition=fundamental","pubTime":"2025-03-13 20:49","pubTimestamp":1741870160,"startTime":"0","endTime":"0","summary":"Longfor Group  expects its attributable profit for 2024 to fall by 20% from 12.9 billion yuan a year prior, a Wednesday filing with the Hong Kong bourse said.The firm attributed the projected lower profit mainly to a decline in revenue and gross profit margin from the property development segment.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1555","BK1240","00960","BK1589","BK1521"],"gpt_icon":0},{"id":"2518791090","title":"Chinese Government Unlikely to Boost Property Sector Aggressively -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2518791090","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518791090?lang=en_us&edition=fundamental","pubTime":"2025-03-11 16:49","pubTimestamp":1741682940,"startTime":"0","endTime":"0","summary":"0848 GMT - There is no impetus for the Chinese government to aggressively boost its property sector given recent signs that it is bottoming out, OCBC analysts write in a note. China's residential property prices continued their downtrend for 70 large and medium-sized Chinese cities in January, but the magnitude of decline narrowed on a year-on-year basis, they add. There were also some signs of stabilization in the contracted sales of the top 100 developers. Investors should stay highly selective within the property sector since there were no major surprises in the NPC work report. OCBC picks Ke Holdings, China Resources Land, China Overseas Land & Investment and Longfor Group as its preferred stocks. ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1130305938.SGD","LU0572940350.SGD","LU1008478684.HKD","LU1634259557.SGD","SG9999013486.USD","SG9999000459.SGD","03121","LU0501845795.SGD","IE0032834883.USD","CFA.SI","IE00BVYPNQ40.USD","SG9999002679.SGD","IE00BVYPNP33.GBP","SG9999000327.SGD","IE00B067MR52.USD","O39.SI","BK1589","LU1993786604.SGD","IE00BZ08YR35.GBP","LU0106259558.USD","LU1152091754.HKD","SGXZ43160589.SGD","00688","BK4504","LU0955669360.SGD","SG9999001127.SGD","IE00BZ08YS42.EUR","LU0048580855.USD","LU1497733557.USD","LU1497733631.SGD","BK4509","LU0264606111.USD","SG9999013478.USD","LU0463099449.HKD","SG9999007991.SGD","BEKE","SG9999014302.SGD","SG9999013460.SGD","SGXZ24219693.SGD","BK4505","LU1807302812.USD","00960","IE0008368411.USD","SG9999000475.SGD","SG9999000343.SGD","01109","IE00B031HW06.USD","IE00BZ08YT58.USD","LU0532188223.SGD","LU0594300419.USD"],"gpt_icon":0},{"id":"2518553296","title":"Longfor Group Holdings Flags Up to 40% Lower Profit for 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2518553296","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518553296?lang=en_us&edition=fundamental","pubTime":"2025-03-10 15:26","pubTimestamp":1741591606,"startTime":"0","endTime":"0","summary":"Longfor Group Holdings  expects a 35% to 40% decrease in its core net attributable profit for 2024 compared with 11.35 billion yuan from 2023, a Friday Hong Kong bourse filing said.The residential property manager company attributed the expected decrease to a drop in recognized revenue and gross profit margins from the company's property development segment, resulting from the downturn in the real estate industry.Shares of the company were down nearly 2% in recent trade.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1555","BK1589","BK1240","BK1521","00960"],"gpt_icon":1},{"id":"2518605992","title":"Longfor Group Logs 5.48 Billion Yuan in February Contracted Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2518605992","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518605992?lang=en_us&edition=fundamental","pubTime":"2025-03-10 14:36","pubTimestamp":1741588612,"startTime":"0","endTime":"0","summary":"Longfor Group  recorded contracted sales of 5.48 billion yuan in February, with a gross floor area  of 365,000 square meters, a March 7 filing with the Hong Kong bourse said.Attributable contracted sales and GFA for the month stood at 3.73 billion yuan and 260,000 square meters, respectively.For the two months ended Feb. 28, contracted sales and GFA reached 9.94 billion yuan and 703,000 square meters, respectively.The property firm acquired two new plots of land in February with a total GFA of 140,243 square meters.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["00960"],"gpt_icon":1},{"id":"2517434389","title":"BRIEF-Longfor Group Sees Core Net Profit Attributable For Year To Decrease 35% To 40%","url":"https://stock-news.laohu8.com/highlight/detail?id=2517434389","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517434389?lang=en_us&edition=fundamental","pubTime":"2025-03-07 23:09","pubTimestamp":1741360170,"startTime":"0","endTime":"0","summary":"BRIEF-Longfor Group Sees Core Net Profit Attributable For Year To Decrease 35% To 40%March 7  - Longfor Group Holdings Ltd 0960.HK:SEES CORE NET PROFIT ATTRIBUTABLE FOR YEAR TO RECORD A DECREASE OF APPROXIMATELY 35% TO 40%EXPECTED RESULT DUE TO DOWNTURN IN REAL ESTATE INDUSTRY IN FYFurther company coverage: 0960.HK ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250307:nFWN3PQ0G3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1555","00960","BK1521","BK1240","BK1589"],"gpt_icon":0},{"id":"2517434861","title":"BRIEF-Longfor Group Posts February Contracted Sales Attributable RMB3.73 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2517434861","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517434861?lang=en_us&edition=fundamental","pubTime":"2025-03-07 23:08","pubTimestamp":1741360132,"startTime":"0","endTime":"0","summary":"BRIEF-Longfor Group Posts February Contracted Sales Attributable RMB3.73 BillionMarch 7 (Reuters) - Longfor Group Holdings Ltd 0960.HK:FEBRUARY CONTRACTED SALES ATTRIBUTABLE RMB3.73 BILLIONFurther company coverage: 0960.HK ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250307:nFWN3PQ0QT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00960"],"gpt_icon":0},{"id":"2517435379","title":"Longfor Group -  February Contracted Sales Attributable RMB3.73 Bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2517435379","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517435379?lang=en_us&edition=fundamental","pubTime":"2025-03-07 22:01","pubTimestamp":1741356112,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250307:nFWN3PQ0QT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1521","BK1589","BK1555","00960","BK1240"],"gpt_icon":0},{"id":"2517743537","title":"Longfor Group Sees  Core Net Profit Attributable for Year to Record a Decrease of Approximately 35% to 40%","url":"https://stock-news.laohu8.com/highlight/detail?id=2517743537","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517743537?lang=en_us&edition=fundamental","pubTime":"2025-03-07 22:01","pubTimestamp":1741356083,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250307:nFWN3PQ0G3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1240","BK1555","00960","BK1589","BK1521"],"gpt_icon":0},{"id":"2517372435","title":"Longfor Group - Expected Result Due to Downturn in Real Estate Industry in FY","url":"https://stock-news.laohu8.com/highlight/detail?id=2517372435","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517372435?lang=en_us&edition=fundamental","pubTime":"2025-03-07 22:01","pubTimestamp":1741356083,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250307:nFWN3PQ0G3:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1555","BK1589","BK1240","00960","BK1521"],"gpt_icon":0},{"id":"2517348657","title":"S&P Downgrades Longfor on Profitability Pressures","url":"https://stock-news.laohu8.com/highlight/detail?id=2517348657","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517348657?lang=en_us&edition=fundamental","pubTime":"2025-03-07 19:33","pubTimestamp":1741347233,"startTime":"0","endTime":"0","summary":"S&P Global Ratings downgraded Longfor's  long-term issuer credit rating to \"BB\" from \"BB+\" and its senior unsecured notes to \"BB-\" from \"BB.\"The downgrade comes as the debt watcher expects the developer's contracted sales to remain under pressures in 2025 to 2026 as saleable resources are depleted.The developer's strategy of clearing its inventory could be a bane for its property development business' profit margins, which are seen to range between 5% and 6% during the period compared with 11% in 2023, S&P said.Revenue in the unit is seen to plunge 14% in 2024 and 19% for 2025, the debt watcher said.The outlook is negative as S&P believes contracted sales could plunge in the next 12 months amid a distressed property market.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["00960"],"gpt_icon":0},{"id":"2517808913","title":"S&P Downgrades Longfor Group Holdings to BB on Heightened Leverage","url":"https://stock-news.laohu8.com/highlight/detail?id=2517808913","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517808913?lang=en_us&edition=fundamental","pubTime":"2025-03-05 19:56","pubTimestamp":1741175791,"startTime":"0","endTime":"0","summary":"S&P Global Ratings lowered Longfor Group Holdings'  long-term issuer credit rating to BB from BB+, according to a Wednesday release.The downgrade reflects the property developer's high leverage amid reduced contracted sales and a narrowing profit margin in its property development business.S&P expects the company's debt-to-EBITDA ratio to remain around 8x through 2025.The company maintains controlled cash flow management and access to commercial property-pledged loans, which allows it to refinance its obligations.The outlook is negative, based on the risk of further sales erosion and worsening leverage amid an ongoing industry downturn.Further shifts in the company's sales and EBITDA interest coverage could lead to future rating actions, S&P said.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["00960"],"gpt_icon":0},{"id":"2514122373","title":"Greater China Stocks Fall; Hong Kong Posts Largest Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2514122373","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514122373?lang=en_us&edition=fundamental","pubTime":"2025-02-28 16:30","pubTimestamp":1740731400,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Hong Kong's Hang Seng Index fell 3.3% to 22941.32, and China's Shanghai Composite Index fell 2.0% to 3320.90. Taiwan's stock exchange was closed.Among Hang Seng constituents, BYD Electronic  Co. Ltd. posted the largest decline, dropping 11%, followed by shares of Longfor Group Holdings Ltd., which dropped 8.9%. Shares of Xinyi Solar Holdings Ltd. dropped 8.6%.Galaxy Entertainment Group Ltd. was the biggest gainer among companies on the Hang Seng, gaining 1.9%, and China Shenhua Energy Co. Ltd. gained 1.2%. Sands China Ltd. rounded out the top three movers on Friday, as shares rose 0.5%.Among large mainland China stocks, Cloudwalk Technology Co. Ltd. A posted the largest decline, dropping 16%, followed by shares of Sichuan Huafeng Technology Co. Ltd. A, which dropped 16%. Shares of EFORT Intelligent Equipment Co. Ltd. dropped 15%.KBC Corp. Ltd. A was the biggest gainer during the session, surg","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SCHYY","LU1166156734.SGD","BK1169","00968","BK0235","00027","00960","01928","BK0041","BK1607","BK0273","LU0417516571.SGD","601088","IE00BZ08YS42.EUR","BK0028","BK1515","BK1504","BK0006","688598","LU1880383366.USD","BK1610","BK1554","LU0149534421.HKD","LU0488056044.USD","LU1048596156.SGD","688327","00285","LU1983299162.USD","BK0188","LU1211504680.USD","LU1282649810.SGD","BK1594","IE00BZ08YR35.GBP","BK1580","01088","LU0274383008.USD","LU0287142896.SGD","LU0348784397.USD","688165","600734","BK1582","LU0607220059.USD","600665","LU0048597586.USD","LU0384037296.USD","LU0594300419.USD","LU0228367735.SGD","BK1149","BK0266","LU0651946864.USD"],"gpt_icon":0},{"id":"2514488390","title":"Greater China Stocks Rise; Hong Kong Sees Largest Increase","url":"https://stock-news.laohu8.com/highlight/detail?id=2514488390","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514488390?lang=en_us&edition=fundamental","pubTime":"2025-02-26 16:30","pubTimestamp":1740558600,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Hong Kong's Hang Seng Index gained 3.3% to 23787.93, and China's Shanghai Composite Index gained 1.0% to 3380.21. The Taiwan Taiex index rose 0.5% to 23402.55.Among Hang Seng constituents, Longfor Group Holdings Ltd. was the biggest gainer during the session, surging 11%, and Budweiser Brewing Co. APAC Ltd. surged 10%. Meituan rounded out the top three movers on Wednesday, as shares surged 9.8%.CSPC Pharmaceutical Group Ltd. posted the largest decline among companies on the Hang Seng, falling 4.2%, followed by shares of China Mobile Ltd., which fell 1.4%. Shares of CNOOC Ltd. fell 1.2%.Among large mainland China stocks, Chengdu Sino-Microelectronics Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Zhiyang Innovation Technology Co. Ltd. A surged 17%. Kontour  Medical Technology Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 16%.In Ta","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0577902454.USD","LU0871576103.HKD","LU1226287529.USD","IE0034224299.USD","IE00B031HY20.USD","LU0348788117.USD","LU0762542818.HKD","LU1770034418.SGD","IMOS","LU1634259391.SGD","80883","LU0043850808.USD","LU0455707207.USD","BK0259","LU0048580855.USD","LU1048588211.SGD","LU1807302812.USD","LU0164880469.USD","LU0588545730.USD","LU1023057109.AUD","600841","LU1303224171.USD","LU1152091168.USD","LU0463099449.HKD","LU1048596156.SGD","LU0880133367.SGD","00883","688191","00960","LU2125910500.SGD","LU1188198961.HKD","603950","01093","LU1226288170.HKD","01876","LU0499858602.USD","LU0314109678.HKD","LU1251922891.USD","603800","SG9999004220.SGD","LU0348805143.USD","IE0008368742.USD","BK1142","LU0572944931.SGD","LU0149721374.USD","BK1152","LU0143863198.USD","00941"],"gpt_icon":1},{"id":"2513071291","title":"Greater China Stocks Slip; Taiwan Sees Largest Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2513071291","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513071291?lang=en_us&edition=fundamental","pubTime":"2025-02-24 16:30","pubTimestamp":1740385800,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Hong Kong's Hang Seng Index slipped 0.6% to 23341.61, and China's Shanghai Composite Index slipped 0.2% to 3373.03. The Taiwan Taiex index slipped 0.7% to 23565.31.Among Hang Seng constituents, WuXi AppTec Co. Ltd. posted the largest decline, dropping 10%, followed by shares of Wuxi Biologics  Inc., which dropped 9.0%. Shares of Kuaishou Technology dropped 5.6%.China Resources Mixc Lifestyle Services Ltd. was the biggest gainer among companies on the Hang Seng, surging 7.8%, and Longfor Group Holdings Ltd. surged 5.9%. Sands China Ltd. rounded out the top three movers on Monday, as shares surged 5.2%.Among large mainland China stocks, Beijing QingCloud Technology Group Co. Ltd. A posted the largest decline, dropping 15%, followed by shares of Shengyi Electronics Co. Ltd. A, which dropped 13%. Shares of UCloud Technology Co. Ltd. A dropped 13%.In Taiwan, Advanced Energy Solution Holding Co. 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