Guangzhou R&F misses bond coupon. Guangzhou R&F stock sits 76.81 percent below its high
Published on 10/07/2026 at 06:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGuangzhou R&F missed a bond coupon while Guangzhou R&F stock stood 76.81 percent below its HKD 0.69 52-week high on October 6, 2026. Smart-Lab reported that the developer was seeking a comprehensive solution after a USD 147.0 million coupon payment was missed.
Debt pressure reaches bondholders
The missed payment involved three extended US dollar bonds issued in 2025, 2027 and 2028, with total principal of USD 4.5 billion, according to Smart-Lab. Bondholders may seek accelerated repayment if the coupon remains unpaid, raising the importance of any liability-management agreement.
The report also said Guangzhou R&F and its issuer subsidiary Easy Tactic Ltd. were communicating with bondholders. That detail makes refinancing execution more important than a single sales update because the debt timetable can affect liquidity across the group.
Sales and earnings remain weak
Guangzhou R&F reported unaudited August 2026 contracted sales of CNY 823.0 million, according to the company update listed by MarketScreener. The figure provides a current operating reference as the company works through its debt obligations.
Historical results show the scale of the contraction. Paasa lists revenue of CNY 10.9 billion in fiscal 2025, compared with CNY 17.7 billion in fiscal 2024, while fiscal 2025 net income was negative CNY 16.4 billion.
Stock remains near its yearly low
Guangzhou R&F is listed on the Hong Kong Stock Exchange under ticker 2777, and its business spans property development, property investment and hotel operations, according to MarketScreener. Paasa reported an HKD 0.16 quote on October 6, 2026, against an HKD 0.11 52-week low and an HKD 0.69 high.
For investors, the key comparison is between operating cash generation and the liability schedule. The USD 4.5 billion bond principal cited by Smart-Lab is more than five times the CNY 823.0 million August contracted-sales figure on a nominal basis, although the currencies and financial definitions differ.
Trading reference stays unchanged
The prior close at Lang & Schwarz was EUR 0.02 for October 5, 2026. The dormant quote carried no usable daily percentage change, so the stock's current direction is not described through a same-day move.
The further course of trading is shown by the continuously updated real-time quote of Guangzhou R&F stock.
Guangzhou R&F Properties at a glance
- Company: Guangzhou R&F Properties Co., Ltd.
- ISIN: CNE100000569
- Ticker: 2777
- Primary exchange: Hong Kong Stock Exchange
- Prior close Lang & Schwarz (October 5, 2026): EUR 0.02
- Market capitalization: HKD 604.1 million (as of October 6, 2026)
- 52-week range: HKD 0.11-HKD 0.69 (as of October 6, 2026)
- Sector / Industry: Real Estate / Real Estate Development
