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https://www.wsj.com/business/country-garden-holdings-warns-of-difficulty-in-meeting-debt-obligations-eeabfe8e
The company faces significant uncertainty regarding asset disposals, and liquidity position is expected to remain very tight in the short- to medium-term
Updated Oct. 9, 2023 10:52 pm ET
Country Garden Holdings warned that it wouldn’t be able to meet all its offshore payment obligations on time as the Chinese property developer struggles to raise cash with sales spiraling lower.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by
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