Longfor Group Posts RMB10.35 Billion in Unaudited Contracted Sales for First Four Months of 2026
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Longfor Group Holdings reported unaudited contracted sales of RMB10.35 billion for the first four months of 2026, with April sales at RMB2.89 billion. The total gross floor area sold was 1,153,000 square metres. The group's revenue from property operations and services was approximately RMB8.85 billion. Management advised caution as these figures are based on preliminary data. The stock has a Buy rating with a price target of HK$11.40 and a current market cap of HK$63.33 billion.
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