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Longfor Group will distribute a final dividend of 0.23 yuan per share on August 22.
Longfor Group (00960) announced that it will distribute a year-end dividend of RMB 0.23 per share for the year ending December 31, 2023 on August 22, 2024.
Longfor Group (00960) will distribute a final dividend of 0.23 yuan per share on August 22.
Longfor Group (00960) announced that it will distribute a dividend on August 22, 2024 for the fiscal year ended December 3, 2023...
Longfor Group Declares Final 2023 Dividend
Sinolink Securities: Third Plenary Session of the 18th CPC Central Committee first proposed real estate. Second-hand housing prices in Beijing and Shanghai increased month-on-month.
The communique of the Third Plenary Session on the policy front first proposes to prevent and resolve real estate risks and point out the direction of future real estate development. It is expected that the previous policy of destocking will accelerate its implementation, restrictive policies will continue to be relaxed, and the new model of "indemnificatory apartments + commodity apartments" will accelerate its construction, speeding up the process of market stabilization.
[Brokerage Focus] Soochow Securities first rated Longfor Group (00960) as a "buy", pointing to its reasonable debt structure distribution and steady development of operating business.
Jingu Finance | Soochow Securities released research indicating that Longfor Group (00960) is focusing its development business on high-energy cities, with over 90% of sales in tier-1 and tier-2 cities. As a leading integrated real estate developer in China, after more than 30 years of development, the company has formed a business model of "1+2+2" based on development, operation, and service. The bank indicated that the company's operating income from business operations is stable and helps to cross the cycle: in 2023, the company's operating business (operation + service) profit contribution will exceed 60%, creating a new growth curve that crosses the cycle. 1) The operation business is steadily developing. By 2023, Longfor Group's operating business (shopping malls, Crown Service Apartments) will not
Soochow Securities Starts Longfor Group Holdings at Buy With HK$14.70 Price Target
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