Longfor stock gets Moody's B1 rating confirmation with stable outlook

Published on 10/08/2026 at 05:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Longfor stock traded at HKD 5.42 on October 8, 2026, with a 52-week range of HKD 5.15 to HKD 11.00. Moody's B1 outlook remains stable.

Longfor, KYG5635P1090, Illustration mit AI erstellt.

Longfor stock (ISIN KYG5635P1090) traded at HKD 5.42 on the Hong Kong Stock Exchange on October 8, 2026, up 2.75 percent from the prior close. Moody's confirmed Longfor Group's B1 corporate rating with a stable outlook on October 8, 2026, citing expected positive operating cash flow and gradual debt reduction.

Moody's stable outlook centers on debt

The rating statement refers to a report released on April 15, but its October 8 publication gives the stock a fresh credit-market reference. Moody's expects Longfor's cash and operating cash flow to cover short-term debt and land payments over the next 12 to 18 months.

That credit view matters because Longfor's first-half performance remained heavily dependent on property development. Futunn reported that revenue for the first half of 2026 fell 32 percent year over year to RMB 39.80 billion, while net profit attributable to owners declined 39 percent to RMB 1.96 billion.

Operating revenue offers a counterpoint

The development business generated RMB 26.1 billion in first-half revenue, down 43 percent year over year. Operations revenue rose 4 percent to RMB 7.3 billion, while services revenue increased 2 percent to RMB 6.4 billion, showing that Longfor's recurring businesses held up better than development.

Commercial investment rental income reached RMB 5.98 billion in the first half, up 8.7 percent year over year, according to the same interim-results coverage. The contrast is material: development revenue contracted by 43 percent, while operating and services revenue expanded by low single digits.

Consensus target stays above HKD 8.70

Investing.com lists a Buy consensus based on 13 analysts, with an average 12-month target of HKD 8.70. The high target is HKD 11.55079588 and the low target is HKD 5.60627341, putting the average target 60.52 percent above the October 8 price of HKD 5.42.

Longfor's 52-week range is HKD 5.15 to HKD 11.00, so the October 8 price stood 4.85 percent above the yearly low and 50.73 percent below the yearly high. The market capitalization was HKD 37.2 billion, with volume of 24,744,925 shares on the session.

Longfor stock gains on October 8

Longfor stock was last at HKD 5.42 on the Hong Kong Stock Exchange on October 8, 2026, at 11:31 a.m. HKT. The combination of a stable B1 credit outlook, weaker development revenue and stronger recurring operations leaves debt reduction and cash generation as the key figures for assessing the shares.