Country Garden shares suspended in Hong Kong
HONG KONG: Trading in debt-ridden Chinese property developer Country Garden was suspended in Hong Kong on Tuesday, days after it postponed the release of its 2023 results. The firm is among a number of China’s largest developers battered by a crisis in the country’s property sector and struggling under a mountain of debt, fueling concerns […]
Tomas Kauer - News Moderator 
HONG KONG: Trading in debt-ridden Chinese property developer Country Garden was suspended in Hong Kong on Tuesday, days after it postponed the release of its 2023 results.
The firm is among a number of China’s largest developers battered by a crisis in the country’s property sector and struggling under a mountain of debt, fueling concerns about the stability of the world’s second-largest economy.
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