Breaking News: 2007 – Market Insights, Analysis & Latest Updates

2007

Country Garden expects to reach terms with creditors in February, lawyer tells court

Country Garden aims to restructure $16.4 billion in offshore debt and avoid liquidation, having defaulted on $11 billion in bonds amid a property sector crisis in China.

investing.com • 20/01/2025 - 02:41 AM

Factbox-What is China's Jinjiang, the BYD contractor under fire in Brazil?

Jinjiang Group faces human trafficking allegations in Brazil as BYD's construction partner, denying claims of slavery-like conditions while asserting worker dignity and safety concerns.

investing.com • 27/12/2024 - 08:37 AM

2007

Country Garden faces deepening sales decline amid debt woes

Country Garden reports a 52.3% drop in sales, highlighting liquidity issues amid China's real estate crisis despite government attempts to stimulate the housing market.

investing.com • 04/12/2024 - 12:01 PM

2007

Exclusive-Country Garden submits offshore debt restructuring plan to creditors, sources say

Country Garden proposes offshore debt restructuring amid efforts to avoid liquidation, expecting weaker cash flow; faces court hearing in January 2025 as property market struggles.

investing.com • 18/11/2024 - 03:53 AM

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2007

China stimulus draws investors back to offshore bonds of troubled property sector

Chinese and global investors are returning to property bonds following aggressive government stimulus, reviving confidence amid previous crises and defaults, though near-term prospects remain uncertain.

investing.com • 03/10/2024 - 23:03 PM

2007

China property developer Country Garden removes PwC as auditor

Country Garden Holdings replaced PwC as its auditor, citing delays in financial reporting. The company is restructuring after an $11 billion bond default and shares are currently suspended.

investing.com • 05/09/2024 - 09:13 AM

2007

Country Garden delays 2023 annual results again

Country Garden delays 2023 financial results again due to debt restructuring; shares remain suspended since April after defaulting on $11 billion in offshore bonds.

investing.com • 30/08/2024 - 10:58 AM