Longfor Group Posts RMB4.45 Billion in Contracted Sales for First Two Months of 2026

Longfor Group Holdings ( (HK:0960) ) just unveiled an announcement.

Longfor Group Holdings reported unaudited operating statistics for the first two months of 2026, highlighting its performance in contracted sales and recurring income. The disclosure offers investors an early view of trading conditions in the Chinese property sector while stressing that the figures are preliminary and subject to change.

For the two months ended 28 February 2026, the group recorded aggregated contracted sales of RMB4.45 billion, corresponding to 527,000 square metres of gross floor area. In February alone, contracted sales reached RMB2.00 billion, with 227,000 square metres sold and RMB1.34 billion of sales attributable to shareholders.

The company also reported aggregated recurring income of about RMB4.40 billion over the period, comprising roughly RMB2.44 billion in operating income and RMB1.96 billion in service income. Management cautioned that the data is unaudited, based on internal information and may differ from forthcoming financial statements, urging investors to use it for reference only and to exercise care when trading the company’s securities.

The most recent analyst rating on (HK:0960) stock is a Hold with a HK$10.00 price target. To see the full list of analyst forecasts on Longfor Group Holdings stock, see the HK:0960 Stock Forecast page.

More about Longfor Group Holdings

Longfor Group Holdings Limited is a Hong Kong–listed property developer incorporated in the Cayman Islands, operating through subsidiaries in mainland China. The group is engaged in real estate development and related services, generating revenues from contracted property sales, operating income and service income in the Chinese property market.

Average Trading Volume: 18,517,500

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$63.71B

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