Pressure on China’s Property Market Builds as Country Garden Faces Fresh Stress

📆 30/08/2023 12:57:00
📰 MarketWatch

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The developer said it would issue some $35 million in new shares to free up cash.

Country Garden Holdings , one of China’s biggest property developers, is due to report earnings for the first half on Wednesday after missing interest payments on its bonds earlier this month.

Ahead of the results, Country Garden said it would issue some $35 million in new shares to free up cash. On Tuesday, Country Garden asked creditors for a 40-day grace period for an onshore bond payment due Saturday.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Escrever Comentário

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Another major Florida hurricane threatens to worsen property insurance market, add ‘Hurricane Tax’ for policy holdersAs a major hurricane, Idalia not only threatens the lives of Floridians but also the progress of Florida’s property insurance market that was already in crisis.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »