Country Garden gets 'near-term reprieve' after bondholders agree to extend debt payment
Investors in embattled Chinese property giant Country Garden are breathing a collective sigh of relief Monday, after it reportedly won approval from creditors to extend a major bond payment to avoid default, in a development that analysts say will give the firm some badly needed respite.
2023-09-04 14:52
Country Garden set to open up 5.6% after deal to extend onshore bond payment
Shares of Country Garden Holdings Co Ltd were set to open up 5.6% on Monday after the embattled
2023-09-04 09:48
Country Garden wins bond extension in relief for China's property sector
By Xie Yu, Kevin Huang and Li Gu HONG KONG/BEJING (Reuters) -Country Garden has won approval from its creditors to
2023-09-02 13:51
Country Garden: How bad are the Chinese property developer's debt problems?
By Xie Yu HONG KONG (Reuters) -China is grappling with a slowdown that has rattled global markets, with the spotlight
2023-09-01 20:51
China's biggest homebuilder is fighting for its life. Here's what you need to know about the real estate crisis
Just a few months ago, Country Garden was the biggest property developer in China, with more than 3,000 developments spanning the country.
2023-08-31 20:48
Country Garden faces key test as onshore bondholders set to vote on extension
HONG KONG Embattled Chinese property developer Country Garden faces a critical test of investor confidence on Thursday, with
2023-08-31 10:16
Country Garden posts record net loss of $6.7 billion in first half of 2023
HONG KONG (Reuters) -China's largest private property developer Country Garden on Wednesday reported a record loss in the first half
2023-08-30 23:53
Some offshore creditors of Country Garden consider forming group for debt revamp talks
By Xie Yu HONG KONG Some offshore creditors of embattled Chinese developer Country Garden are in talks with
2023-08-30 17:18
Troubled Chinese homebuilder Country Garden is rushing to raise cash to avoid default
Country Garden is raising funds to avoid default, as the troubled real estate giant battles a liquidity crisis which some fear could spread to China's wider economy and even spill over abroad.
2023-08-30 14:49
All eyes on Country Garden's cash flow as troubled firm set to report loss
By Clare Jim HONG KONG Just how cash-strapped embattled Country Garden Holdings is will be the focus when
2023-08-29 16:57
Country Garden seeks to add 40-day grace period to onshore bond repayment
BEIJING China's largest private property developer Country Garden Holdings is seeking to add a 40-day grace period for
2023-08-29 14:18
Malaysia's domestic banks have limited exposure to Country Garden -cbank
SINGAPORE Malaysia's central bank said on Monday that banks incorporated in the Southeast Asian nation faced limited financial
2023-08-28 15:25