Property News · August 14, 2023

China property crisis deepens: Country Garden shares slide on bond suspension while Sino-Ocean misses interest payments


State-backed developer Sino-Ocean Group Holdings missed interest payments, and shares in developer Country Garden slumped further after it suspended trading of some onshore bonds.

Source : South China Morning Post
Read more…China property crisis deepens: Country Garden shares slide on bond suspension while Sino-Ocean misses interest payments