OTC Markets OTCPK - Delayed Quote ? USD Longfor Group Holdings Limited (LNGPF) Follow Compare 1.7128 0.0000 (0.00%) At close: October 21 at 4:00 PM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations China stimulus draws investors back to offshore bonds of troubled property sector Some Chinese and global institutional investors are revisiting Chinese property bonds, betting on an improvement in outlook as the government accelerates efforts to boost economic growth and revive a property sector in the throes of a debt crisis. Investors began returning after the announcement on Tuesday of the most aggressive stimulus measures since the pandemic, mostly targeting the property sector and triggering a rally in the offshore bonds of property developers. Credit investment specialist Beijing G Capital Private Fund Management Center placed orders worth "a few dozens of millions of yuan" to buy property bonds for the first time in several months, said its chairman, Li Gen. Reuters ? 20 days ago CHVKY LGFRY +0.19% Chinese Stocks Jump After Top Leaders Vow Further Support for Economy First it was the central bank. Now China's top political leaders are pledging to shore up the country's moribund economy and, in particular, its battered property sector. Here's how markets reacted to the Politburo's intervention: + In New York, the Nasdaq Golden Dragon Index jumped nearly 10%. The Wall Street Journal ? 27 days ago LGFRY +0.19% LNGPF 0.00% PGJ Cathay Pacific Airways Leads Three SEHK Dividend Stocks To Consider Amidst a backdrop of global economic shifts and market recalibrations, the Hong Kong stock market remains a focal point for investors seeking stable returns through dividend-paying stocks. In this environment, understanding the characteristics that define resilient and potentially lucrative investments becomes crucial, especially in sectors like aviation where companies like Cathay Pacific Airways are prominent. Simply Wall St. ? 3 months ago 3328.HK CPCAF CPCAY Exploring Three Dividend Stocks In May 2024 As global markets display resilience, with indices like the S&P 500 approaching record highs amidst a backdrop of economic recalibration and cautious investor sentiment, it's an opportune moment to consider the stability offered by dividend stocks. In light of recent market dynamics, a good dividend stock typically combines reliable payouts with strong business fundamentals, making them potentially attractive in uncertain economic climates. Simply Wall St. ? 5 months ago LGFRY +0.19% LNGPF 0.00% Performance Overview Trailing total returns as of 10/24/2024, which may include dividends or other distributions. Benchmark is HANG SENG INDEX Return LNGPF HANG SENG INDEX YTD +30.40% +20.54% 1-Year +69.85% +19.66% 3-Year +81.42% -21.35%
