Country Garden, a major Chinese property developer, has gained nearly 75% support from its bondholders for a plan to restructure $14.1 billion in offshore debt after defaulting in late 2023. However, ...

Country Garden gets approval for restructuring eight bonds, making progress in its debt-management plan.

Country Garden said a state guarantor could come to its aid after the troubled developer missed deadlines for bond payments, presenting a key test in an ongoing debt crisis in China’s property ...

Chinese developer Country Garden said on Wednesday a liquidation petition has been filed against it for non-payment of a $205 million loan, clouding its debt revamp prospects and undermining ...

Country Garden Holdings, the troubled property developer chaired by billionaire Yang Huiyan, has been hit with its first known liquidation petition in Hong Kong.

Shares in Country Garden surged following a report it has been included on a list of property developers eligible for financial support ...

Ping An Insurance (Group) Co. said it doesn’t hold any shares in Country Garden Holdings Co. and has no plans to acquire the distressed Chinese developer, refuting a report that sent the ...

When embattled property developer Country Garden missed a coupon payment on a $500 million bond maturing in September 2025, it reignited fears over the solvency of China’s heavily indebted property ...

China’s giant property developer Country Garden has been declared in default on its debt after failing to make a bond repayment by a final deadline of October 18.

The property giant was once considered one of the safest developers in China, but the country’s property slowdown has claimed another victim.

Country Garden warned on Tuesday about its inability to meet offshore debt obligations, potentially joining a growing list of Chinese developers that have defaulted and setting the stage for one ...

The future of Forest City, a $100 billion development in Malaysia’s Johor state, was hanging in the balance in September as its Chinese owner, Country Garden, sought to negotiate part of its roughly ...