Chinese developer Country Garden Holdings Co. proposed new terms with key banks that would slash its debt and lower borrowing ...
Embattled Chinese property developer Country Garden Holdings said its net loss for the first half of 2024 narrowed to 12.8 ...
A key bondholder group of Country Garden Holdings Co., one of China’s most closely watched developers ensnared in the broader ...
(Bloomberg) -- Country Garden Holdings Co. suffered another record loss in 2023 as the Chinese property giant pledged to clinch a deal with creditors on a debt restructuring plan by June.
The company reported a net loss of 174.8 billion yuan ($23.8 billion) for 2023, widening sharply from a 6.05 billion yuan ...
The 178.4 billion yuan ($24.3 billion) net loss for 2023 that Country Garden belatedly reported this week ranks as the second-worst result by a listed Chinese company on record. Only its distressed ...
Country Garden, once China's biggest developer and now facing a liquidation lawsuit, reported steep losses on Tuesday in its ...
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was spun off into its own listing in 2018 by real estate developer Country Garden Holdings. CGS’ businesses operate in four major segments: 1) property management services, 2) community and ...
The embattled real estate firm reported a loss attributable to shareholders of 178.4 billion yuan for the year, compared with ...
(Bloomberg) -- A key bondholder group of Country Garden Holdings Co., one of China’s most closely watched developers ensnared in the broader property crisis, isn’t on board with restructuring ...
Country Garden says it expects to reach an agreement with offshore creditors on the debt restructuring plan in the first half of 2025, according to a emailed statement to Bloomberg News. It hopes to ...