Country Garden submits offshore debt restructuring plan to creditors, sources say HONG KONG: China’s Country Garden submitted the preliminary terms of an offshore debt restructuring proposal to some... Published 18 Nov, 2024 11:54am
Markets Country Garden bondholders approve delays on yuan bond payments, Bloomberg News reports Country Garden has won bondholders’ approval to push back payments on its nine yuan bonds by six months, Bloomberg... Published 26 Sep, 2024 11:39am
Business & Finance Country Garden’s Hong Kong liquidation hearing further adjourned to July HONG KONG: Embattled Country Garden said in a filing on Thursday the Hong Kong High Court had further adjourned a... Published 06 Jun, 2024 11:22am
Business & Finance Country Garden looks to sell CXMT stake for $276mn, Bloomberg News reports Debt-laden property developer Country Garden’s venture capital arm is looking to sell its stake in Chinese chipmaker... Published 31 May, 2024 11:11am
Business & Finance Shares in Chinese developer Country Garden suspended in Hong Kong HONG KONG: Trading in debt-ridden Chinese property developer Country Garden was suspended in Hong Kong Tuesday, days... Published 02 Apr, 2024 02:09pm
Business & Finance China’s Country Garden hires Kroll to carry out liquidation analysis, sources say HONG KONG/SYDNEY: Country Garden has hired Kroll to carry out a liquidation analysis ahead of a court hearing in... Published 27 Mar, 2024 01:55pm
Markets China stocks fall as Country Garden drags property developers lower SHANGHAI: China stocks fell on Wednesday, dragged by property developers as Country Garden missed a coupon payment... Published 13 Mar, 2024 09:58am
Business & Finance Country Garden faces winding-up petition in Hong Kong HONG KONG: A petition to wind up debt-hit Country Garden has been filed in a Hong Kong court, the company said... Published 28 Feb, 2024 12:32pm
Business & Finance Country Garden seeks to sell assets worth $530mn in Guangzhou HONG KONG: Embattled Chinese property developer Country Garden is selling properties in Guangzhou, aiming to raise... Published 24 Jan, 2024 10:55am
Business & Finance China’s Country Garden nears full exit from Australia with residential project sale SYDNEY: Indebted Chinese developer Country Garden has agreed to sell a stake in an Australian residential project,... Published 18 Jan, 2024 10:32am
Business & Finance Country Garden expects China property market to remain weak in 2024 HONG KONG: China’s largest private property developer, Country Garden, expects the property market will remain weak... Published 16 Jan, 2024 10:50am
Business & Finance China 2023 economic growth tipped to be weakest in decades BEIJING: China’s economy likely grew at its weakest annual rate for more than three decades in 2023, data is... Published 15 Jan, 2024 12:03pm
Markets Country Garden default on dollar bond declared for first time Chinese developer Country Garden Holdings has been deemed in default on a US dollar bond for the first time,... Published 25 Oct, 2023 11:13am
Business & Finance Country Garden bondholders seek talks after missed payment HONG KONG: Country Garden’s bondholders are seeking urgent talks with the company and its advisers after the... Published 19 Oct, 2023 09:37am
Business & Finance Grace period for China’s Country Garden coupon payment expires HONG KONG: The grace period for Country Garden Holding’s $15 million coupon payment has expired, fuelling... Published 18 Oct, 2023 10:32am
Business & Finance Pressure piles on Evergrande with chairman under police watch, liquidation risk HONG KONG: The chairman of China Evergrande Group has been placed under police surveillance, Bloomberg News reported... Published 27 Sep, 2023 11:14am
Business & Finance Country Garden delivers 381,000 homes as of Sept 15 BEIJING: Chinese developer Country Garden said on Wednesday it has delivered 381,000 homes in 231 Chinese cities as... Published 20 Sep, 2023 11:17am
Business & Finance Country Garden gets maturity extension approval for one more onshore bond BEIJING/HONG KONG: Country Garden has won approval from its creditors to extend the maturity of one more onshore... Published 13 Sep, 2023 11:14am
Business & Finance Country Garden secures bondholder reprieve, sources say; shares soar SHANGHAI/BEIJING: China’s largest private property developer Country Garden won approval from its creditors to... Published 12 Sep, 2023 10:42am
Business & Finance Country Garden faces fresh test for onshore bond extensions HONG KONG: Embattled developer Country Garden faces a new round of voting by creditors to extend several debt... Published 11 Sep, 2023 10:03am
World Country Garden faces second debt challenge in days as offshore payment comes due HONG KONG: China’s largest private property developer, Country Garden, faces a deadline for making interest payments... Published 05 Sep, 2023 10:25am
Business & Finance China’s Country Garden says $100 billion Malaysia project on track KUALA LUMPUR: Embattled Chinese developer Country Garden said on Monday its $100-billion project in Malaysia was... Published 28 Aug, 2023 01:32pm
Business & Finance Fitch cuts unit of China’s debt-hit Country Garden to junk BEIJING: Fitch has downgraded to junk the credit rating of a subsidiary of Chinese property giant Country Garden,... Published 24 Aug, 2023 11:14am
Business & Finance Unpaid workers, silent sites: China’s property woes hit Country Garden TIANJIN: At an unfinished Country Garden residential complex on the outskirts of the northern Chinese metropolis of... Published 23 Aug, 2023 10:11am
Markets Shares in Chinese property giant Country Garden down sharply BEIJING: Shares in Chinese property giant Country Garden plunged on Monday after it missed bond payments and warned... Published 14 Aug, 2023 11:11am
Business & Finance China Country Garden to suspend trading of onshore bonds from tomorrow BEIJING: China’s Country Garden, the country’s top private property developer, will suspend trading of its 11... Published 13 Aug, 2023 02:55am
Business & Finance Asia’s richest woman loses half her wealth in China property crisis BEIJING: Asia’s wealthiest woman lost more than half her fortune over the past year as China’s real estate ... Published 29 Jul, 2022 06:14am