The Latest Breaking News from Longfor

Longfor Gets $101 Million of Offshore Loans From Bank of China

Real estate developer becomes the first to tap into a measure intended to help cash-strapped property companies roll over foreign debt

Caixin Global · Dec 13, 2022

China banks pledge $162 billion in credit to developers, shares rally

China's biggest commercial banks have pledged at least $162 billion in fresh credit to property developers, bolstering recent regulatory measures to ease a stifling cash crunch in the sector and triggering a rally in property shares.

Reuters · Nov 24, 2022

Chinese Developer Makes Early Debt Payment After Chair’s Resignation Rattles Investors

Longfor has paid back part of a loan due next year, after the personnel change hit its stock price, bond yields

Caixin Global · Oct 31, 2022