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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 ]
FILE - The logo for Country Garden developer is seen near a Country Garden One World City project under construction on the outskirts of Beijing on Aug. 17, 2023. (AP Photo/Ng Han Guan, File ...
Chinese property developer Country Garden warned Tuesday that it cannot repay on time a 470 million Hong Kong dollar ($60 million) loan in the latest sign of distress after Beijing clamped down on ...
Country Garden’s inability to meet a deadline of March 31 to post earnings means its stock is likely to be suspended from trading Tuesday under Hong Kong’s stock exchange rules.
Move over Evergrande. There is a new poster child of China’s protracted real estate crisis — Country Garden.
The president, chairman, and two other executives of the debt-laden Country Garden are getting a pay cut to narrow the company’s costs, the company said in a stock filing on Tuesday. All four ...
China’s giant property developer Country Garden has been declared in default on its debt after failing to make a bond repayment by a final deadline of October 18.
Country Garden is now the Hong Kong equivalent of a penny stock, trading below one Hong Kong dollar ($0.13) for over a week. Shares have lost over 70% of their value since the beginning of the year.