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Country Garden seeks to sell assets worth $530 million in Guangzhou

HONG KONG: Embattled Chinese property developer Country Garden is selling properties in Guangzhou, aiming to raise 3.8 billion yuan (US$530 million), according to an asset transaction platform. The properties include a hotel resort, four office towers, a shopping mall as well as five rental apartment build ....

Acquisitions Services , Guangzhou Enterprises Mergers , Embattled Chinese , Country Garden , China Economy ,

Country Garden looks to sell properties in Guangzhou worth $530m

Embattled Chinese property developer Country Garden is selling properties in Guangzhou, aiming to raise 3.8 billion yuan ($530 million). ....

Guangzhou Enterprises Mergers , Acquisitions Services , Embattled Chinese , Country Garden ,

Country Garden's 2023 sales drop by over half y-o-y | China Economic Review

Embattled Chinese property developer Country Garden Holdings' contracted sales in 2023 plunged to less than half the previous year's level, with a sharp dip in December underscoring the dire situation facing the company, reports Nikkei Asia. Contracted sales are the company's main source of revenue but the figure for December dipped almost 70% year on… ....

Hong Kong , China Evergrande Group , Country Garden Holding , Hong Kong Exchange On , Embattled Chinese , Hong Kong Exchange , Country Garden ,

Country Garden has remitted funds to repay yuan bond in full -filing

Embattled Chinese developer Country Garden Holdings has remitted more than 800 million yuan (US$111.42 million) to repay onshore bondholders, a company filing to the Shenzhen Stock Exchange late on Tuesday showed.Bondholders of a total of 8 million notes, each with a principal of 100 yuan chose to exercis ....

Hong Kong , Gursimran Kaur , Xie Yu , Shenzhen Stock Exchange , Country Garden Holdings , Embattled Chinese , Country Garden , Louise Heavens ,

China developer Country Garden reportedly set to avoid yuan bond default

Country Garden may avoid a default on its yuan-denominated bonds after most holders of a local note agreed not to demand repayment this week, according to Bloomberg. ....

Hong Kong , Shenzhen Stock Exchange , Embattled Chinese , Country Garden , Asia Economy , Real Estate , Country Garden Holdings Co Ltd , Business News ,