Once China's top developer by sales, Country Garden's hope of narrowing its losses is in line with many peers that have also defaulted on debt, as they booked most provisions in the first couple ...
NANNING -- The air crackled with excitement on a sunny afternoon at Nanning Garden Expo Park, South China's Guangxi Zhuang ...
Country Garden and a string of other developers including China Evergrande and Sunac China defaulted on debt repayment obligations over the last three years, triggering a destabilising crisis in ...
HONG KONG (Reuters) -Country Garden said it expected to post a narrower annual loss in 2024 as the embattled developer looks to revive its business and stave off a liquidation lawsuit after ...
The 2023 loss announced in long-overdue accounts late on Tuesday included more than $11 billion of impairments on the value of inventory as an unprecedented property market downturn in China weighed ...
Jan 14 (Reuters) - Country Garden (2007.HK), opens new tab, once China's top property developer by sales, posted on Tuesday a net loss of 12.84 billion yuan ($1.75 billion) for the first half of ...
LOUDI, China -- A stalled housing project started by troubled Chinese property developer Country Garden Holdings has left homebuyers in the central Chinese city of Loudi in a bind. "If the home ...
HONG KONG -- Embattled real estate developer Country Garden Holdings has belatedly reported staggering losses for 2023, offering a fresh glimpse into the depths of China's property crisis.