Longfor shares surge 9.2% as developer prepares CNY1.3 billion loan repayment

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  • Longfor told bondholders it had prepared funds to repay a bank loan due later this month.
  • Longfor shares climbed as much as 9.2% to HK$6.37 on Friday.
  • Longfor plans to fund repayments through operating cash flow and new onshore loans.
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