On September 25, LONGFOR GROUP fell 5.04% in regular trading, trading at HKD 5.18/share, with turnover of approximately HKD 31.22 million. The broader property sector weakened in tandem, with Sunac China down 6.15%, China Overseas Land down 3.97%, and China Resources Land down 2.89%.

On the news front, market hopes for a national mortgage subsidy policy ahead of the National Day holiday — which had previously driven a collective rally in property stocks on September 23 — were dampened after multiple brokerage analysts expressed skepticism, noting the likelihood of a nationwide interest subsidy policy being implemented remains low. One analyst commented that extending loan tenors at the national level would achieve a similar effect to rate subsidies.

Meanwhile, LONGFOR GROUP's interim results released on August 28 showed revenue of RMB 39.8 billion, down 32.3% year-over-year. Adjusted net profit came in at just RMB 64 million, with the property development segment recording a loss of RMB 4.11 billion. The company's operating and service businesses generated combined revenue of RMB 13.7 billion, up 3.2%, partially offsetting development weakness. Management indicated that the drag from development on group earnings is expected to diminish significantly from next year, with a structural transformation targeted by 2028.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)