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Published 14:55 IST, August 23rd 2024

Chinese developer Longfor plans further debt reductions this year

Longfor lowered its short-term debt by 5.2 bn yuan during the first six months of the year, bringing its total debt down to 187.4 bn yuan as of end-June.

Reported by: Thomson Reuters
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Longfor debt reduction plan
Longfor debt reduction plan | Image: Longfor
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14:49 IST, August 23rd 2024