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  • November 28, 2014
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  1. Star River offers irate buyers refunds

    Posted Dec 20th 2011, 12:00am

    ... and Longfor Properties have started offering units at much cheaper prices, cutting them by up to a third since August. These discounts have angered hundreds of homeowners who bought the flats earlier, ... Sandy Li sandy.li@scmp.com A mainland property company has promised to pay out more than 600 million yuan (HK$730 million) to refund people who bought units at two of its luxury ...

  2. Developers stay on target despite austerity threat to sales figures

    Posted Nov 06th 2010, 12:00am by Peggy Sito

    ... for the year. Longfor Properties, which reported that last month's contracted sales were up 34 per cent month on month to 4.95 billion yuan (HK$5.7 billion), said in the first 10 months ... Peggy Sito Developers are expected to achieve the property sales targets they set at the beginning of this year, even though some of them have seen their revenues decline in the last month ...

  3. Business - Money

    Market Open: Hong Kong stocks seen higher as Xi vows quality growth

    Posted Dec 07th 2012, 08:58am by Jeanny Yu

    ... sales fell 2 per cent from the same period a year earlier. Longfor Properties (0960.HK) The company said November contracted sales amounted to 3.92 billion yuan, up 2.6 per cent month-on-month and 5.9 per cent year-on-year. As of the end of November, the property developer has achieved 92 per cent of its full-year sales target, it said. Prada (1913.HK) The luxury brand said net profit ...

  4. Ah Pak

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

    ... of the Summer Palace, the 91-villa development is being undertaken by listing candidate Longfor Properties. Longfor has sold about 20 per cent of the villas including two 3,300 sq metre houses ... apartment in Island South. Six months ago, Loup said, a Beijing expatriate came to the management office of the property where he lived, asking for units to buy. Loup told Ah Pak he sold his unit ...

  5. Investors flock to buy Fantasia, Minsheng

    Posted Nov 19th 2009, 12:00am by Amanda Lee

    ... at HK$1.51 per share, 20.8 per cent higher than its offer price of HK$1.25. Shares of Longfor Properties, a mainland developer from Chongqing, closed at HK$7.15 in the grey market, 1.1 per cent ...

  6. Cornerstone investors put US$197.5m into Longfor

    Posted Nov 03rd 2009, 12:00am by Amanda Lee

    ... Amanda Lee Longfor Properties of Chongqing is a step closer to reaching its HK$7.1 billion initial public offering funding target after receiving US$197.5 million from five cornerstone ... venture with Longfor to develop a 7.8 million square foot residential project next to Chongqing's Jialing River, has injected US$37.5 million. Ping An Insurance (Group) and Bank of China ...

  7. 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 ...

  8. Property - Hong Kong & China - PROPERTY

    Hangzhou home sales reach 5-year high as policy eases

    Posted Nov 04th 2014, 04:38am by Langi Chiang

    ... follow with a small increase in prices." On its list of top developers in Hangzhou, Longfor Properties ranked first with sales revenue of 1.8 billion yuan (HK$2.28 billion), followed ... by the property downturn. Sales also rebounded last month in other major cities such as Beijing and Shanghai, after the central bank reversed its tightening policy on the property sector at the end ...

  9. Longfor raises HK$7b from IPO amid strong response

    Posted Nov 13th 2009, 12:00am by Nick Westra

    ... Nick Westra Longfor Properties will raise HK$7 billion after pricing its initial public offering yesterday near the top end of its indicative price range following a strong take-up from ... companies [launching IPOs].' Longfor has been a leading developer in Chongqing for the past three years, according to the China Index Academy. It has branched out into other major cities ...

  10. Banks, Li Ning lead losers, but cement companies look firmer

    Posted Jul 11th 2011, 12:00am

    ... on Wednesday. The mainland property sector shook off the rate rises. Longfor Properties (960), Shimao Properties (813) and Country Garden (2007) rose sharply last week, largely on the view that sales ... the high-growth property sector could take a hit. Investors are also getting ready for a batch of quarterly earnings data to come from US-listed firms, with reporting season kicking off this week. ...




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