Shares in Chinese property giant Country Garden down sharply
Chinese property giant Country Garden shares plunge by more than 16% at 11am in Hong Kong. – EPA pic, August 14, 2023.
SHARES in Chinese property giant Country Garden plunged today after it missed bond payments and warned of multibillion-dollar losses, deepening concerns over the nation’s heavily indebted real estate sector.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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