CTRYF News and Press, Country Garden Holdings Co. Ltd. From 10/14/21

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...

Some holders don't expect to receive coupon payments on China Evergrande Group's (OTCPK:EGRNF -12.5%) dollar bonds that are due today, Reuters reports, citing a source familiar with the matter. The company has a 30-day grace period before an actual default. The bondholders expect the property...

Analysts and economists have been warning about a bubble in Chinese residential real estate for at least a decade now. Evergrande’s problems were caused by their giant liabilities, and a recent shift in Chinese Communist Party economic doctrine and policy. The Party is face...

Financial assets crashed worldwide on Monday as the second-largest property developer Evergrande collapsed. China has been in a property bubble for years, with home price-to-income ratios over 30X and the development of numerous vacant cities around the country. The PBOC already h...

Country Garden's core net profit decreased by -8.6% YoY in 1H 2020, due to slow construction progress, costly land bank acquired in 2017 & 2018, and losses from new businesses. Country Garden is on target to achieve a +10% YoY contracted sales growth for FY 2020, but the company's...

Elevator Pitch I maintain my "Neutral" rating on Hong Kong-listed Mainland China property developer Country Garden Holdings Company Limited ( OTCPK:CTRYF ) ( OTCPK:CTRYY ) [2007:HK]. Country Garden's relatively higher exposure to lower-tier cities could mean weaker contracted sales growth ...

Elevator Pitch I like Hong Kong-listed Mainland China property management services company Country Garden Services Holdings Company Limited ( OTCPK:CTRGF ) [6098:HK] for its recurring property management fee income which makes it a defensive stock in uncertain times like this. The company'...

Elevator Pitch Hong Kong-listed Mainland China property developer Country Garden Holdings Company Limited ( OTCPK:CTRYF ) ( OTCPK:CTRYY ) [2007:HK] is trading at a discount to both its historical mean valuations and listed property developer peers. The stock trades at 4.8 times consensus f...

Source: Company data, Prevalence Value Capital estimates. As with our usual analysis in making an equity investment decision, we need to have a strong understanding of the underlying investment. In this case, we are making an argument for an equity investment in Country Garden Holdings L...

Country Garden Holdings ( OTCPK:CTRYF ): 1H net income of ¥15.64B More news on: Country Garden Holdings Company Limited, Country Garden Holdings Company Limited, Earnings news and commentary, Financial stocks news, Read more ...