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Country Garden said Thursday that it would sell a stake in China's largest operator of shopping malls worth about $428 million. In a stock filing, the developer said the proceeds would help with ...
Country Garden (Chinese: 碧桂园; pinyin: Bìguìyuán; Jyutping: bik1 gwai3 jyun4) is a property development company based in Guangdong, China, owned by Yang Guoqiang's family. It ranked 206th in Fortune Global 500 list of 2023. [ 1 ]
Country Garden, one of China’s top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it ...
The Chinese property industry is “volatile,” which makes it harder for the company to operate, Country Garden said in the filing. Sales have plunged for the developer since last year.
Move over Evergrande. There is a new poster child of China’s protracted real estate crisis — Country Garden.
Country Garden is reportedly trying to extend the payment period for a bond due in September as it tries to avoid a default.
SEHK: 2006 Shanghai Jinjiang International Hotels (Group) Company Limited: SEHK: 2007 Country Garden Holdings Co. Ltd. SEHK: 2008 Phoenix Satellite Television Holdings: SEHK: 2009 BBMG Corporation: SEHK: 2010 Real Nutriceutical Group Ltd. SEHK: 2011 KEE Holdings Co. Ltd. SEHK: 2012 Sunshine Oilsands Ltd. SEHK: 2018 AAC Acoustic Technologies ...
One of the largest Chinese real estate companies, Country Garden defaulted on $11 billion in offshore bonds in 2023 and said earlier this month that its debt restructuring proposal would reduce ...