Country Garden says restructurings covering at least 8 bonds receive creditor approval

Quick Summary:

Country Garden gets approval for restructuring eight bonds, making progress in its debt-management plan.

The 2023 loss was mainly due to steep write-offs on properties that were completed or under development, the company said in its annual report.

Country Garden did not immediately respond to a request for comment.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Yuke Xie

Category: Business

Markets: Hong KongChina

Topics: Country Debt Company Yuan Billion Loss Developer China’s Victory Bonds Garden

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 13:08:48 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 257 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27785055

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 4 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 7 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions