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  1. Property - Hong Kong & China - STRATEGY

    Developers team up to survive ebbing tide in property market

    Posted Apr 08th 2014, 02:57pm by Langi Chiang

    ... to fierce competition in the hot land market," said Wei Huaning, chief financial officer of Longfor Properties. "It will free up our cash flow and reduce our financial risk if we can ... the bursting of a property bubble on the mainland has never died down. But the slowdown in economic growth and a credit crunch make the prospect even more worrisome. To cut risks, mainland developers ...

    http://www.scmp.com/property/hong-kong-china/article/1468932/developers-team-survive-ebb-tide-property-market
  2. Property - Hong Kong & China

    Fantasia's sales target cut highlights dilemma for developers on mainland

    Posted Aug 15th 2014, 01:20am by Langi Chiang

    ... month compared with June, at 475 million yuan. "We won't be surprised to see more [mainland] developers cut their targets," said Franco Leung, a property analyst and assistant ... property analyst at UOB Kay Hian in Hong Kong, did an analysis on Tuesday to see whether major mainland developers could hit their annual sales targets. It found developers such as Poly Property ...

    http://www.scmp.com/property/hong-kong-china/article/1573859/fantasias-sales-target-cut-highlights-dilemma-developers
  3. 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 ...

    http://www.scmp.com/article/976248/curbs-likely-dent-results-first-half
  4. 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 ...

    http://www.scmp.com/article/741663/longfor-expects-growing-sales-despite-curbs
  5. Longfor pushes plan for US$1b IPO

    Posted Jun 16th 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun and Fulton Mak Chongqing developer aims to start management roadshow despite poor market conditions Chongqing developer Longfor Properties, previously called Longhu Real ... invited by investment bankers Citi and Morgan Stanley, the joint global co-ordinators of the offering, to a site visit to Longfor Properties' Beijing projects today. The invitation ...

    http://www.scmp.com/article/641733/longfor-pushes-plan-us1b-ipo
  6. Longfor pushes US$1b IPO amid weak outlook

    Posted Jul 28th 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun Property developer to test waters in two-week pre-marketing Longfor Properties, a Chongqing-based property developer, is proceeding with its Hong Kong initial public offering ... mainland property market. Longfor initiated investor education in Hong Kong on Friday but it has yet to set a timetable. A source said that it could start the formal roadshow in the second week ...

    http://www.scmp.com/article/646861/longfor-pushes-us1b-ipo-amid-weak-outlook
  7. Longfor shows off wares to HK investors

    Posted Jun 18th 2008, 12:00am by Staff Reporter

    ... Fulton Mak Listing candidate Longfor Properties yesterday kicked off a roadshow in Hong Kong for its luxury Beijing project, hoping to lift its profile with investors before going ahead ... in the first quarter, according to property consultant CB Richard Ellis. Established in 1995 as a regional developer in Chongqing, Longfor has expanded to Chengdu, Xian, Shanghai and Beijing, ...

    http://www.scmp.com/article/642002/longfor-shows-wares-hk-investors
  8. Longfor launches bid to raise US$1b in listing

    Posted Oct 28th 2009, 12:00am by Amanda Lee

    ... Amanda Lee Longfor Properties from Chongqing is to launch its investor roadshow on November 2 in a bid to raise up to US$1 billion in a listing on the Hong Kong stock exchange next month. ... Properties and Mingfa Group (International)- will list their shares, raising a total of HK$21.8 billion. Longfor chairman Wu Yajun, ranked 34th on the Hurun rich list, with an estimated wealth ...

    http://www.scmp.com/article/696669/longfor-launches-bid-raise-us1b-listing
  9. Longfor plans 22.6b yuan spending

    Posted Jul 29th 2008, 12:00am by Staff Reporter

    ... Wong Ka-chun Longfor Properties, a Chongqing property developer planning to raise at least US$1 billion in a Hong Kong initial public offering before the end of next month, has budgeted ... expenditure, Citigroup said Longfor's strong cash inflow, totalling 33 billion yuan from property pre-sales, helped put the firm in a healthy financial position. Of the total capital expenditure ...

    http://www.scmp.com/article/646973/longfor-plans-226b-yuan-spending
  10. Developer Longfor gets US$1b float back on table

    Posted Sep 28th 2009, 12:00am by Peggy Sito

    ... Peggy Sito Investors keen on punting on mainland property stocks could get another candidate for their share portfolio, with upmarket residential developer Longfor Group said ... turned to the real estate industry in 1993 and set up her own property firm two years later. She named the company after its first project, Longfor Garden in Chongqing. After consolidating a base ...

    http://www.scmp.com/article/693882/developer-longfor-gets-us1b-float-back-table

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