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LONGFOR GROUP (00960.HK) had total contract sales of 5.48 billion yuan in February.
On March 7, Gelonghui reported that LONGFOR GROUP (00960.HK) announced that as of the end of February 2025, the group achieved a total contract sales amount of 9.94 billion yuan and a contract sales area of 0.703 million square meters. In February alone, the total contract sales amount reached 5.48 billion yuan, with a contract sales area of 0.365 million square meters. The contract sales amount attributable to Shareholders in February was 3.73 billion yuan, with an area of 0.26 million square meters attributable to Shareholders. As of the end of February 2025, the group achieved operational income of approximately 4.32 billion yuan (including tax.
Express News | Longfor Group - February Contracted Sales Attributable RMB3.73 Bln
Express News | Longfor Group - Expected Result Due to Downturn in Real Estate Industry in FY
Express News | Longfor Group Sees Core Net Profit Attributable for Year to Record a Decrease of Approximately 35% to 40%
LONGFOR GROUP: INSIDE INFORMATION - PROFIT WARNING
【Brokerage Focus】CITIC SEC: Bullish on trading service providers in the real estate Industry Chain.
Gold Firm News | CITIC SEC stated that by learning from the government's work report and the State Council Information Office's briefing, the bank believes that the key to controlling incremental growth and stabilizing prices lies in stabilizing asset prices and maintaining residents' confidence. Additionally, the report specifically emphasizes the effective prevention of real estate companies' debt default risks, which further supports the stabilization of real estate company credit. The bank believes that the most certain fundamental variable for Real Estate is that a large number of transactions must take place to stabilize prices, which means that the annual GTV of first and second-hand housing transactions exceeds expectations. Therefore, the bank is most Bullish on trading service providers in the Real Estate Industry Chain. Furthermore, the bank is also optimistic about companies with strong product development capabilities and a high-quality Asset portfolio.
