Country Garden aims to have offshore debt restructuring plan by year end, sources say

[ad_1] HONG KONG: China’s embattled Country Garden is aiming to pull together a tentative plan to restructure its offshore debt by the end of this year, two sources with direct…

Country Garden woes: What we know about the temporary reprieve and broader risks

[ad_1] State of play Country Garden says 96 per cent of its cash flow comes from real estate sales. But the Chinese property market is slumping: prices are on the…

China’s Country Garden says US$100bil Malaysia project on track

[ad_1] KUALA LUMPUR: Embattled Chinese developer Country Garden said on Monday its $100-billion project in Malaysia was proceeding as planned and it had sufficient assets, despite concerns over its financial…

Chinese real estate giant Evergrande files for bankruptcy – Times of India

[ad_1] NEW YORK: China Evergrande, which is the world’s most heavily indebted property developer and became the poster child for China’s property crisis, on Thursday filed for protection from creditors…

Penny Stock: Once China’s top builder, Country Garden turns into penny stock – Times of India

[ad_1] BEIJING: Country Garden Holdings Co, formerly China’s largest developer by sales, has become a Hong Kong penny stock amid increasing scrutiny of its operations and mounting liquidity concerns. The…

China stocks flat after disappointing trade data, Hong Kong shares down

[ad_1] China stocks were roughly flat on Tuesday after the country’s July exports and imports contracted more than expected. Hong Kong shares were down, led by property stocks. ** China’s…

Forest City pledges to sustainable building practices

[ad_1] KUALA LUMPUR: Country Garden’s Forest City in Johor is a vast new coastal development that has pledged to implement sustainable building practices throughout the entire project. Embracing environmental management…

Top China homebuilder Country Garden to book net loss for 2022

[ad_1] HONG KONG: Top Chinese property developer Country Garden Holdings said on Monday it expected to post its first net loss since listing in 2007 due to a sluggish property…