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06.06.25 - 11:30
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CN Home: COUNTRY GARDEN May Contracted Sales Sag ~28% to RMB3.09B (AAStocks)
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COUNTRY GARDEN (02007.HK) announced that for the single month of May 2025, the Group achieved contracted sales attributable to the shareholders of the Company amounted to approximately RMB3.09 billion, with contracted sales GFA attributable to the shareholders of the Company of approximately 340,000 square meters, down 27.97% an......
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05.06.25 - 09:30
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HK Home: COUNTRY GARDEN: 2025 Equity Sales Expected to Be RMB30-40B (AAStocks)
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COUNTRY GARDEN (02007.HK) held an online shareholders meeting today (5th), focusing on the Company's sales target for this year. Its executive vice president and executive Director, Cheng Guangyu, said that the Company has not set a full-year target, but will adjust the rhythm of sales according to the actual capital needs o......
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23.05.25 - 03:15
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COUNTRY GARDEN: 70%+ Holders of Existing Public Notes Acceded to RSA (AAStocks)
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COUNTRY GARDEN (02007.HK) announced that in relation to the Company’s pursuit of a holistic solution to address the Group’s material offshore indebtedness and the extension of the RSA Fee deadlines, holders representing over 70% of the aggregate principal amount of the Existing Public Notes acceded to the RSA. The Co......
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17.04.25 - 06:06
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Jack Ma′s resurgence: Who stands to gain from Trump 2.0? (Digitimes)
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China's economy has endured a series of profound shocks, beginning with the stringent pandemic lockdowns, followed by the collapse of Evergrande and the financial crisis at Country Garden Holdings. These crises triggered a significant decline in societal wealth and caused urban real estate prices to fall, resulting in numerous incomplete construction projects. These challenges present complex problems that are difficult to resolve....
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31.03.25 - 17:48
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Vanke reports $6.8 billion annual loss amid struggling Chinese property market (Times of India)
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Vanke, a major Chinese property developer, reported a substantial $6.8 billion loss in 2024 due to falling sales and shrinking profit margins. The company attributed the loss to overexpansion and high-debt practices. Revenue dropped 26%, and resignations of top executives added to the turmoil. Other developers like Kaisa and Country Garden also faced significant losses amid China's real estate crisis....
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