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  1. Market Calls

    Posted Jul 18th 2011, 12:00am

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com Moody's issued a report last Monday flagging corporate governance concerns of 61 mainland firms. Longfor Properties (960) received ... to the company's target.' Choi, who initiated coverage of the firm with a buy rating in May, projects Longfor's revenue from property sales will increase 80 per cent year on year to 26.3 billion ...

  2. Curbs likely to dent results in first half

    Posted Aug 15th 2011, 12:00am

    ... including Longfor Properties, Agile Property, Sino-Ocean Land, Beijing Capital Land and KWG Property, said earlier they met 40 per cent to 50 per cent of their annual sales targets by the end ... to cut prices to shift their inventory. Longfor Properties, Agile Property, Sino-Ocean Land, Beijing Capital Land, Country Garden, Overseas Chinese Town (Asia), Chinese Estate Holdings, China SCE ...

  3. Longfor expects growing sales despite curbs

    Posted Mar 22nd 2011, 12:00am by Paggie Leung

    ... Paggie Leung Mainland developer Longfor Properties expects contract sales to grow 20 per cent to 40 billion yuan (HK$47.53 billion) this year, despite central government austerity measures ... was 8 billion yuan this year, and it had already sold properties worth 2.5 billion yuan. The company has proposed a final dividend of 0.1 yuan per share. Shares of Longfor surged 3.27 per cent to close ...

  4. Beijing urged to keep its foot on property brake

    Posted Dec 10th 2011, 12:00am

    ... and Investment and Longfor Properties to cut prices by 20 to 40 per cent to raise cash. China Overseas Land and Investment (Coli) on Thursday said its contracted sales tumbled by 48 per cent to HK$3.5 ... Sandy Li sandy.li@scmp.com A top government think tank says the mainland should continue to impose strict austerity measures to curb property price growth, and suggests a 'soft ...

  5. Profits soar in tough market

    Posted Aug 16th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Mainland developer Longfor Properties saw its core profit rise by 117.4 per cent to 1.95 billion yuan (HK$2.37 billion) in the first half of this year. ... This provides a solid foundation for the group's property development in 2011, said Wu, who is confident the company can achieve its sales target of 40 billion yuan. Longfor yesterday said Wu had ...

  6. China introduces property taxes in some cities to cool market

    Posted Jan 28th 2011, 12:00am by Sandy Li

    ... significant upward pressure on property prices, Ma says. At the end of yesterday's trading, Longfor Properties dropped 7 per cent to HK$11.16, Shimao Property Holdings was down 5.95 per cent ... Sandy Li Chongqing and Shanghai have become the first cities on the mainland to impose property tax on high-end apartments. The tax, which will be imposed from today, is aimed at helping ...

  7. Beijing imposes stiff rule to fight rising property prices

    Posted Feb 17th 2011, 12:00am by Sandy Li

    ... yesterday on news of Beijing's curbs. Longfor Properties dropped 4.01 per cent to close at HK$10.54, Shimao Property Holdings 1.96 per cent to HK$11, Agile Property Holdings 1.43 per cent ... yesterday. Pak said the volume of property sales in Beijing this month was down 60 per cent from last month. 'It is the harshest measure to curb property investment,' said Dickson Wong ...

  8. Reporting this week

    Posted Aug 15th 2011, 12:00am

    ... Today Interim: Anhui Conch Cement, Harbour Centre Development, Longfor Properties, Maoye Int'l Holdings Tomorrow Interim: China Coal Energy, China Haisheng Juice Holdings, China ... Products, Ping An Insurance (Group) of China, RoadShow Holdings, Shui On Land Thursday 1st Quarter: Lenovo Group Interim: Agile Property Holdings, Bank of Communications, China Datang Corp Renewable ...

  9. Mainland curbs on property draw split views

    Posted Jan 29th 2011, 12:00am by Peggy Sito

    ... on Shanghai, fell 1.32 per cent to HK$3.73. Chongqing-based Longfor Properties saw its shares rise 4.66 per cent to HK$11.68. ... Peggy Sito Analysts agree that the central government is serious about cooling down the overheated property market, but they differ sharply over whether Beijing's measures will work- ...

  10. Home prices in China drop for third month

    Posted Dec 02nd 2011, 12:00am

    ... The sharpest falls were in Nanjing and Chengdu, which declined 1.2 per cent and 0.9 per cent, respectively. Property news website SouFun reported that major developers such as Greenland, Longfor ... Yvonne Liu yvonne.liu@scmp.com Home prices in China fell last month for the third consecutive month, signalling that the government's measures to cool the overheated property market ...




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