According to the Wisdom Financial APP, Longfor Green Life (01965) surged by over 21%, as of the time of writing, it increased by 20.21%, reaching HK$0.226.

On the news front, in the first half of this year, Longfor Green Life achieved revenue of 0.392 billion yuan (RMB, the same below); gross profit of 0.068 billion yuan; attributable net profit to shareholders of 11.146 million yuan. Looking at the revenue structure, Longfor Green Life proactively adjusted its business structure. In the first half of 2024, the revenue from property management services was approximately 0.323 billion yuan; accounting for as high as 82.4%, a 7.9 percentage point year-on-year increase, consistently maintaining a high proportion, ensuring stable property services. In addition, the total area under the group's management is approximately 31.98 million square meters, of which the consolidated area under management is around 29.9 million square meters.

Guolian Securities stated that as the effects of policies gradually manifest, market confidence is expected to be boosted, leading to stabilized sales volume. It is advisable to focus on top property management companies with scale advantages and high operational efficiency. Everbright Securities pointed out that the Fed's interest rate cuts cycle has begun, domestic real estate policies continue to improve, property management risk indicators are gradually being cleared, with the sector allocation value becoming prominent. Long-term bullish on independent property management companies with strong development capabilities, high project quality, strong operational and profit-making capabilities.