On May 29, Longfor Group rose 3.34% in regular trading, trading at 7.95 HKD/share, with trading volume of approximately 65.24 million HKD. The rally was driven by a sector-wide surge in real estate development stocks, as policy tailwinds and recovering industry sentiment fueled broad gains across Chinese property names.

Within the Real Estate Development sector, peer stocks posted significant gains: Country Garden surged 31.58%, Sunac rose 16.85%, China Vanke climbed 12.20%, Radiance Holdings gained 7.82%, and China Resources Land added 2.61%. The sector linkage effect was pronounced. Longfor had declined for two consecutive sessions prior to this rebound.

On the fundamental side, the company recently repaid 1.5 billion yuan in corporate bond principal and interest, reducing its domestic credit bond balance to approximately 1.8 billion yuan. This continued debt clearance effort has helped restore market expectations for the company's financial stability, even as its latest annual report showed core net losses for the first time since listing.

(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.)