Analyst sees Buy rating and HKD 11.40 target for Longfor stock

Published on 10/06/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 32.30 percent in the first half of 2026. Longfor stock costs EUR 0.60 on October 6, 2026 after EUR 0.60.

Longfor, KYG5635P1090, Illustration mit AI erstellt.

Longfor Group Holdings Limited (ISIN KYG5635P1090) has a Buy rating and a HKD 11.40 price target, according to The Globe and Mail on August 28, 2026. The rating comes as the Chinese property developer reports weaker first-half earnings and a larger contribution from recurring operations and services.

Profit pressure remains visible

According to Futubull in its September 25, 2026 report on the interim results, Longfor generated RMB 39.80 billion of revenue in the first half of 2026, down 32.30 percent year over year. Profit attributable to shareholders fell 39.00 percent to RMB 1.96 billion, while core net profit attributable to equity holders stood at RMB 64.00 million.

The figures show a split business picture. Property development revenue was RMB 26.10 billion in the first half of 2026, while operations and services revenue reached RMB 13.70 billion, up 3.20 percent year over year, according to The Globe and Mail.

Recurring income gains weight

Commercial investment rental income rose 8.70 percent year over year to RMB 5.98 billion in the first half of 2026, and the commercial occupancy rate reached 97.40 percent, Futubull reported on September 25, 2026. Longfor also reduced interest-bearing liabilities to RMB 147.10 billion and reported an average financing cost of 3.36 percent.

The capital-allocation signal is cautious: the board set the interim dividend at RMB 0.00 per share for 2026, compared with RMB 0.07 per share in the same period last year, according to The Globe and Mail.

Longfor stock stays flat in Europe

Longfor stock was trading at EUR 0.60 at Lang & Schwarz on October 6, 2026 at 10:13 a.m. CEST, unchanged at plus 0.00 percent versus the prior close of EUR 0.60 on October 5, 2026. The primary Hong Kong listing was last at HKD 5.29 on October 6, 2026 at 4:08 p.m. HKT, with the Hong Kong Stock Exchange session closed; its 52-week range was HKD 5.15 to HKD 11.00.