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Property group Longfor hits all-time low as contracted sales drop

By Reuters News04:20 (UTC), 13 October 2026 Updated

** Shares of Longfor Group Holdings 0960.HK slip 3.5% to HK$4.955, their lowest since debut in November 2009 and declining for a second straight session

** Chinese property developer and investor said its September 2026 contracted sales amounted to 2.30 billion yuan ($343.52 million)

** That compared to contracted sales of 5.01 billion yuan in September 2025

** YTD, stock down 40.2%, benchmark Hang Seng Index .HSI down 5.7%

($1 = 6.6954 Chinese yuan)

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