Country Garden Services to sell stake in Zhuhai Wanda for $446 million [Yahoo! Finance]
COUNTRY GARDEN HL UNS/ADR (CTRYY)
NASDAQ:AMEX Investor Relations:
en.bgy.com.cn
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Source: Yahoo! Finance
Once a top developer by sales, Country Garden is undergoing an offshore debt restructuring after defaulting on its $11 billion offshore bonds last year. The beleaguered company also reported a drop of more than 38% in its first-half profit for 2024. ($1 = 7.0318 Chinese yuan renminbi) (This story has been refiled to correct a typographical error, in paragraph 4) (Reporting by Roshan Thomas in Bengaluru; Editing by Alan Barona and Rashmi Aich) Recommended Stories
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