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Longfor

China property sales fall in February, expectations grow purchase restrictions could be eased

by Anas Siddiqui
China property sales fall in February, expectations grow purchase restrictions could be eased

Property sales in mainland China declined for the tenth straight month in February, as lower demand during the Spring Festival holidays weighed and expectations are the beleaguered sector’s woes will …

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China homes sales continue to tumble as Beijing’s support measures fail to shore up weak sentiment in property market

by Anas Siddiqui
China homes sales continue to tumble as Beijing’s support measures fail to shore up weak sentiment in property market

Despite a slew of measures rolled out by Chinese regulators recently to boost demand for property, developers are still struggling with weak sales and reported declines of more than 40 …

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China property: Moody’s downgrades Longfor’s credit rating to below investment grade

by Anas Siddiqui
China property: Moody’s downgrades Longfor’s credit rating to below investment grade

Moody’s has stripped mainland Chinese developer Longfor Group Holdings of its investment-grade credit ratings, citing a negative sales outlook because of sluggish home sales and funding conditions. The credit ratings …

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