China’s Country Garden, Zhongrong Trust renew debt market fears

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

China’s Country Garden, Zhongrong Trust renew debt market fears – by anilpanchal7 China RiskAversion Housing Bonds NewsTrading

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Country Garden misses bond payments as China property fears flareCountry Garden, the biggest privately owned developer in China, confirmed market fears by announcing that it has not paid two dollar bond coupons due on Aug. 6, indicating repayment troubles.
Source: Reuters - 🏆 2. / 97 Read more »

Country Garden shares hit record low after profit warning as debt fears loomThe stock reached an intra-day level of 90 Hong Kong cents after the company warned it is expecting a loss of between $6.24 billion to $7.63 billion for the six months ended June.
Source: CNBC - 🏆 12. / 72 Read more »

Country Garden shares drop 5% after reports it scrapped $300 million share saleChinese property stocks slid Tuesday, after Country Garden scrapped its $300 million primary share placement.
Source: CNBC - 🏆 12. / 72 Read more »

Moody’s downgrades Chinese developer Country Garden deep into junk territory after company misses interest paymentsMoody’s Investors Service downgraded Country Garden Holdings Co. Ltd.’s rating to Caa1 from B1 early Thursday, after the Chinese developer failed to make...
Source: MarketWatch - 🏆 3. / 97 Read more »