Moody's confirms the latest rating of Longfor with a "stable" outlook.

On April 15, international ratings agency Moody's released its latest rating report on Longfor Group, confirming its company rating as B1 with a "stable" outlook. According to Moody's forecast, Longfor will continue to maintain positive operating cash flow and use it to gradually reduce debt over the next one to two years. Moody's expects Longfor's cash on hand, combined with operating cash flow, to be sufficient to cover short-term debt and land payment obligations for the next 12 to 18 months.