US Stock MarketDetailed Quotes
LGFRY LONGFOR GROUP HLDG
- 12.360
- +0.459+3.85%
15min DelayClose Apr 25 16:00 ET
8.36BMarket Cap4.35P/E (TTM)
12.480High12.260Low5.08KVolume12.260Open11.902Pre Close63.00KTurnover0.00%Turnover Ratio4.35P/E (Static)676.73MShares26.14752wk High0.40P/B8.36BFloat Cap10.30052wk Low1.59Dividend TTM676.73MShs Float59.363Historical High12.86%Div YieldTTM1.85%Amplitude4.771Historical Low12.404Avg Price1Lot Size
LONGFOR GROUP HLDG Stock Forum
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HSI Opens 234 pts Down
Hong Kong stocks opened lower in the morning. $Hang Seng Index(800000.HK$ opened 234 points or 1.4% lower at 16,487. $Hang Seng China Enterprises Index(800100.HK$ opened lower by 84 points or 1.4% at 5,795. $Hang Seng TECH Index(800700.HK$ opened down 66 points or 1.9% at 3,408.
In financials, $HSBC HOLDINGS(00005.HK$ opened 0.7% lower at $63.35, $HKEX(00388.HK$ opened 1.4% down, and $AIA(01299.HK$ opened descending 3.4%.
As for property stocks, $CHINA OVERSEAS(00688.HK$ opened fa...
In financials, $HSBC HOLDINGS(00005.HK$ opened 0.7% lower at $63.35, $HKEX(00388.HK$ opened 1.4% down, and $AIA(01299.HK$ opened descending 3.4%.
As for property stocks, $CHINA OVERSEAS(00688.HK$ opened fa...
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The negative outlook revision reflects increasing risks to China's public finance outlook as the country contends with more uncertain economic prospects amid a transition away from property-reliant growth to what the government views as a more sustainable growth model.
Fitch forecasts GDP growth to moderate to 4.5% in 2024.
$COUNTRY GARDEN(02007.HK$$LONGFOR GROUP(00960.HK$$EVERGRANDE(03333.HK$$Real Estate Developers(BK1019.HK$$Global X MSCI China Consumer Discretionary ETF(CHIQ.US$
Fitch forecasts GDP growth to moderate to 4.5% in 2024.
$COUNTRY GARDEN(02007.HK$$LONGFOR GROUP(00960.HK$$EVERGRANDE(03333.HK$$Real Estate Developers(BK1019.HK$$Global X MSCI China Consumer Discretionary ETF(CHIQ.US$
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HSI Slips 282 Pts at Open; Developers Descend
$Hang Seng Index(800000.HK$ opened 282 pts or 1.7% lower at 16,856. $Hang Seng China Enterprises Index(800100.HK$ opened 105 pts or 1.8% lower at 5,910. $Hang Seng TECH Index(800700.HK$ opened 71 pts or 2% lower at 3,480.
Real estate stocks were hijacked by subsiding rate cut expectations. $NEW WORLD DEV(00017.HK$ and $HANG LUNG PPT(00101.HK$ cratered more than 2%. $SHK PPT(00016.HK$ , $Link Real Estate Investment Trust(00823.HK$ and $CK ASSET(01113.HK$ slid 1.7%-1.9%. ...
Real estate stocks were hijacked by subsiding rate cut expectations. $NEW WORLD DEV(00017.HK$ and $HANG LUNG PPT(00101.HK$ cratered more than 2%. $SHK PPT(00016.HK$ , $Link Real Estate Investment Trust(00823.HK$ and $CK ASSET(01113.HK$ slid 1.7%-1.9%. ...
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Longfor Group Holdings faces business headwinds as revenue and EPS estimates are downgraded. Despite this, the price target remains unchanged, potentially causing investor wariness.
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The Chinese property sector experienced a disappointing beginning of 2024
China's Jan-Feb realestate development investment fell by 9.0% y/y to 1.184 trillion yuan.
Jan-Feb residential housing sales areas tumbled 20.5% y/y to 1.137 trillion square meters, and the total sales plummeted by 29.3% y/y to 1.05 trillion yuan.
Developing funds in place fell 24.1% y/y to 1.62 trillion yuan.
Sentiment 92.13
$COUNTRY GARDEN(02007.HK$$CG SERVICES(06098.HK$$LONGFOR GROUP(00960.HK$$CHINA VANKE(02202.HK$$EVERGRANDE(03333.HK$$EVERG SERVICES(06666.HK$
Jan-Feb residential housing sales areas tumbled 20.5% y/y to 1.137 trillion square meters, and the total sales plummeted by 29.3% y/y to 1.05 trillion yuan.
Developing funds in place fell 24.1% y/y to 1.62 trillion yuan.
Sentiment 92.13
$COUNTRY GARDEN(02007.HK$$CG SERVICES(06098.HK$$LONGFOR GROUP(00960.HK$$CHINA VANKE(02202.HK$$EVERGRANDE(03333.HK$$EVERG SERVICES(06666.HK$
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HSI Opens 203 pts Lower
Hong Kong stocks opened lower this morning. $Hang Seng Index(800000.HK$ opened lower by 203 points or 1.2% at 16,758. $Hang Seng China Enterprises Index(800100.HK$ started lower by 77 points or 1.3% at 5,828. $Hang Seng TECH Index(800700.HK$ opened 69 points or 1.9% lower at 3,534.
As for mainland property stocks, $CHINA VANKE(02202.HK$ contracted sales in February plummeted 53.5% YoY, and its shares opened 1.3% lower this morning. $LONGFOR GROUP(00960.HK$ and $CHINA RES LAND(01109.HK$ opened ...
As for mainland property stocks, $CHINA VANKE(02202.HK$ contracted sales in February plummeted 53.5% YoY, and its shares opened 1.3% lower this morning. $LONGFOR GROUP(00960.HK$ and $CHINA RES LAND(01109.HK$ opened ...
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$COUNTRY GARDEN(02007.HK$ opened flat at $0.61 after saying it will try its best to raise funds within the grace period when it responds to the failure of its domestic bonds to be repaid on schedule.
$CHINA VANKE(02202.HK$ dipped 0.3% at $6.28 after the company reportedly discussed a bond swap with its major creditor banks to avoid default. For the rest of the Chinese property developers, $CHINA OVERSEAS(00688.HK$ , $LONGFOR GROUP(00960.HK$ and $CHINA RES LAND(01109.HK$ sank 0.8%-1.1%...
$CHINA VANKE(02202.HK$ dipped 0.3% at $6.28 after the company reportedly discussed a bond swap with its major creditor banks to avoid default. For the rest of the Chinese property developers, $CHINA OVERSEAS(00688.HK$ , $LONGFOR GROUP(00960.HK$ and $CHINA RES LAND(01109.HK$ sank 0.8%-1.1%...
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Longfor Group Holdings' low P/E ratio is due to predicted sliding earnings. Without an improved earnings outlook, the low P/E could continue to suppress the share price. The company needs more upward momentum to lift its P/E ratio.
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The three major blue-chip, Chinese property developers, $CHINA OVERSEAS(00688.HK$ , $CHINA RES LAND(01109.HK$ and $LONGFOR GROUP(00960.HK$ , rallied 11%-14% to $11.74, $25.15 and $10.86 respectively. Traditional blue-chip real estate stocks soared almost 3-6%, with $NEW WORLD DEV(00017.HK$ outpacing.
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COUNTRY GARDEN Hit by Winding-up Petition from Ever Credit
$COUNTRY GARDEN(02007.HK$ announced that Ever Credit Limited has filed a winding-up petition against it at the High Court of Hong Kong yesterday (27 Feb). The petition is filed in relation to the non-payment of a term loan facility between the petitioner as lender and CG as borrower in the principal amount of approximately HK$1.6 billion, plus accrued interest.
No winding-up order has been granted by the High Court to wind up the Company as...
No winding-up order has been granted by the High Court to wind up the Company as...
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104255742 : All markets suck at the moment