HONG KONG, Jan 9 (Reuters) - Country Garden (2007.HK), opens new tab has proposed a deal to its offshore creditors that will cut its debt by $11.6 billion, paving the way for the property ...

HONG KONG/BEIJING, Sept 5 (Reuters) - China's Country Garden made interest payments on U.S. dollar bonds hours ahead of a grace period deadline, a person close to the firm said, pulling back from ...

Hong Kong CNN — For the second time in just over two months, Country Garden has warned investors that it could default on its $190 billion debt in a reminder that China’s real estate crisis is ...

The decline this year would come on top of an almost 50% fall in property sales in China over the past three years, according to government data. Guangdong province-based Country Garden, which ...

One of China’s richest women has fully taken over Country Garden, a top real estate developer, after her father resigned, which added to a string of prominent entrepreneurs retreating from their ...

Country Garden, once seen as one of China’s most stable property developers, is now struggling financially, leaving the future of unfinished megadevelopments like Malaysia’s Forest City in doubt.

Country Garden, once seen as one of China’s most stable property developers, is now struggling financially, leaving the future of unfinished megadevelopments like Malaysia’s Forest City in doubt.

Boom, bust and borrow: Has China’s housing market tanked? Country Garden did not pay the bond coupon after a 30-day grace period expired on October 18, according to media reports. The company ...

Yang Huiyan, the richest woman in mainland China, is selling about 7 per cent of her stake in Country Garden Services Holdings to cash in HK$5.055 billion (US$649 million), according to a stock ...

Once China's biggest property developer, Country Garden defaulted on $11 billion in offshore bonds in late 2023, deepening a debt crisis in the sector that had already experienced defaults by many ...

Last year, Country Garden was China’s No 1 developer by sales, which reached $67 billion. The younger Yang has served as a co-chairman of the company since 2018 and jointly managed the day-to ...