On June 10, Longfor Group rose 3.63% in regular trading, trading at HKD 8.26/share, with trading volume of HKD 43.18 million.

On the news front, Longfor Group disclosed its latest sales data on June 9, reporting cumulative total contract sales of RMB 13.67 billion for the first five months, with contract sales area of 1.451 million square meters. In May alone, the company achieved contract sales of RMB 3.32 billion with a sales area of 298,000 square meters. Meanwhile, operational and service business revenue reached approximately RMB 11.14 billion over the same period, of which operational revenue was approximately RMB 6.03 billion and service revenue approximately RMB 5.11 billion, indicating stable recurring income streams. Additionally, the company added 77,000 square meters of land reserves in May with equity land cost of RMB 374 million, reflecting a prudent land acquisition strategy.

Within the Real Estate Development sector, China Resources Land gained 0.73%, China Overseas rose 0.9%, CK Asset fell 0.18%, Henderson Land declined 1.98%, and Radiance Holdings dropped 2.56%.

(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.)