On June 1, Longfor Group rose 3.06% in regular trading, trading at HK$8.06 per share, with trading volume of HK$41.996 million.

On the news front, the real estate development sector continues its recovery momentum, with policy tailwinds and improving industry sentiment driving broad gains among mainland property developers. Within the sector, Sunac rose 3.16%, China Resources Land gained 2.72%, and China Overseas Development advanced 2.62%, reflecting sustained sector linkage effects.

The rebound follows Longfor Group's recent proactive repayment of RMB 1.5 billion in corporate bond principal and interest, reducing its onshore credit bond balance to approximately RMB 1.8 billion. This continued deleveraging effort has helped restore market confidence in the company's fundamental stability. However, the company's latest annual report revealed its first-ever core net loss of RMB 1.7 billion, with attributable net profit plunging 90.2% year-over-year, while its current price-to-book ratio remains at a depressed 0.31x, reflecting persistent market caution on asset quality.

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