Country Garden

The Latest

  • Country Garden Faces Financial Strain, Misses Bond Coupon Payment Amid China's Housing Slump
    CHINA REAL ESTATE
    Country Garden Holdings Co., a significant player in China's real estate industry, is grappling with severe financial difficulties, underscored by its failure to fulfill a coupon payment on a yuan-denominated bond.
  • Country Garden Faces Liquidation Suit Amid China's Real Estate Turmoil
    CHINA REAL ESTATE
    Amid escalating concerns in China's real estate sector, Country Garden, once a leading property developer, is now at the heart of a liquidation crisis that could have significant repercussions for the industry.
  • Country Garden Faces Liquidation Petition Over Unpaid $204M Loan, Shares Tumble
    China Property Market
    Country Garden Holdings, a prominent Chinese property developer, is facing a significant challenge as it received a liquidation petition from Ever Credit Limited, a creditor, over an unpaid loan totaling 1.6 billion Hong Kong dollars ($204.4 million).
  • Turbulence in China’s Real Estate: Country Garden Faces Payment Delays and Stalled Overseas Ventures
    REAL ESTATE
    In a new twist to China's tumultuous real estate sector, leading property developer Country Garden has failed to make a $15 million coupon repayment. This lapse has raised alarms, with sources revealing that bondholders, anxious about potential defaults, are now pushing for immediate discussions with the developer.
  • Country Garden's Founding Family Steps In Amid Financial Strain: A Glimpse into China's Real Estate Turbulence
    Country Garden Holdings
    The founding family of Country Garden Holdings, one of the nation's largest real estate firms, has reportedly provided a substantial interest-free loan to the company. Amidst the backdrop of a broader financial crunch in the Chinese real estate sector, this development offers a window into the challenges and responses of major players in the industry.
  • Country Garden's Financial Struggles Deepen Amid China's Real Estate Crisis
    CHINA REAL ESTATE
    In a stark reminder of the ongoing real estate crisis in China, Country Garden, once the nation's largest real estate developer, has issued its second warning in just over two months about a potential default on its staggering $190 billion debt. This development comes as the company grapples with a liquidity crisis, compounded by a persistently weak property market and challenging refinancing conditions.
  • Country Garden Faces Major Losses, Unveils Four Rescue Measures
    China Property Market
    Late Thursday evening, on August 10, Country Garden issued a profit warning on the Hong Kong Stock Exchange.
  • Hilton, Country Garden Building 1,000 Long-Term-Stay Hotels In China
    Hilton
    China’s travel landscape is evolving as a result of the coronavirus and longer stays are now popular.