CTRYF News and Press, Country Garden Holdings Co. Ltd. From 08/16/23

2023-08-16 10:06:15 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips I’ve noted in the past that I believe that the Bank of Japan , and specifically the reversal of the yen carry trade, could spark a credit event. Maybe it’s going to be C...

2023-08-16 08:54:40 ET More on China 3 Stocks That Are Still A Buy On China's Recovery Story GXC: Staying Selective On China Following The July Politburo Meeting MCHI: Buy On Potential Chinese Stimulus MCHI: China's Economic Recovery Is Sputtering, What This ...

2023-08-16 06:29:19 ET It was only a year ago that Beijing and Moscow touted a new world order , but things appear to be unraveling fast for their economies. Exports , manufacturing activity and property prices are sliding in China, which has decided to stop reporting th...

2023-08-14 03:00:00 ET Summary Country Garden warned it expects to report a loss of up to 55 billion yuan for the first half of this year. The leading property developer’s sales fell 35% in the first seven months of this year, reaching 140.8 billion yuan. A sudden turn ...

2023-08-06 04:45:00 ET Summary Falling sales in Asia's real estate sector are causing short interest to increase, putting pressure on property developers. China's property industry, historically a key driver of economic growth, is facing challenges due to softening economic data a...

Summary Jiumaojiu said it will pay up to $140 million for 26% of the company developing the Guangzhou IFC Mall Project, which will become its new headquarters. The move comes as the company’s own finances show sign of stress, including a 23.2% drop in same-store sales for i...

With China's central bank cutting its benchmark for mortgage rates, a number of U.S.-listed Chinese real estate and financial stocks are rising in Friday trading. The People's Bank of China cut its five-year loan prime rate to 4.45% from 4.6%, a move that initially buoyed U.S. stocks early in...

While China Evergrande (OTCPK:EGRNF -7.9%) (OTCPK:EGRNY -5.1%) struggled to make coupon payments on its international bonds, Ashmore Group (OTCPK:AJMPF) bought almost $100M more of bonds issued by the Chinese property developer or its subsidiaries, Bloomberg reports, citing data it compiled. ...

For the first time since China Evergrande (OTCPK:EGRNF -5.2%) (OTCPK:EGRNY -3.6%) went public in 2009, Chairman Hui Ka Yan reduces his stake in the company, a sign that he's selling, Bloomberg reports, citing a filing to the Hong Kong Stock Exchange. Hui sold 1.2B Evergrande (OTCPK:EGRNF) on ...

Uncertainty continues to rattle Chinese real estate companies' stocks and bonds as S&P Ratings and Fitch downgrade other property developers in the wake of China Evergrande's (OTCPK:EGRNF -2.9%) (OTCPK:EGRNY -1.7%) debt crisis. Country Garden Holdings (OTCPK:CTRYF), KE Holdings (BEKE...