Tue, Oct 17, 2023
Country Garden has also missed other offshore payments in the past few weeks though those payments still have not seen their 30-day grace periods lapse.
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Tue, Oct 10, 2023
Country Garden said it had appointed Houlihan Lokey, China International Capital Corporation (CICC) and law firm Sidley Austin as advisers to examine its capital structure and liquidity position.
Mon, Oct 09, 2023
China's average daily home sales based on floor area during the Golden Week holiday were down 17 per cent from a year ago, according to China Index Academy on Saturday.
Tue, Sep 05, 2023
The deadline looms just days after Country Garden won approval from onshore creditors to extend a private bond worth 3.9 billion yuan ($536 million), bringing relief to markets.
Sat, Sep 02, 2023
Country Garden has won approval from its creditors to extend payments for an onshore private bond, according to sources and a document seen by Reuters, in a major relief for the embattled Chinese developer as well as the crisis-hit property sector.
Mon, Aug 14, 2023
A core pillar of China's economy, the real estate sector has already seen plunging sales, tight liquidity and a series of developer defaults since late 2021.
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