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A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country Garden , providing a breather to the embattled Chinese developer amid Beijing's efforts to ...
A Hong Kong firm filed the petition against Country Garden in February for non-payment of a $205 million loan. The developer defaulted on $11 billion of offshore bonds last year and is in the ...
Hong Kong, one of the planet’s most exciting urban destinations, boasts immense natural beauty just a stone’s throw away.
Country Garden was once China’s biggest developer but ran out of money. A lender is taking it to court in Hong Kong, a sign of continuing market distress.
(Reuters) -Debt-laden property developer Country Garden said on Thursday it had received guidance from the Hong Kong stock exchange earlier in the week over resumption in trading of its shares ...
Embattled Country Garden said in a filing on Thursday the Hong Kong High Court had further adjourned a hearing of a petition seeking liquidation of the Chinese property developer to July 29.
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