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Why is 2007 down 6.60%?
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2007:HKG
Country Garden Holdings Co Ltd
HK$0.18
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-6.60%(-0.013) 1D
Oct 2, 4:08:07 PM GMT+8 · HKD
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| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for 2007...
Open
HK$0.20
High
HK$0.20
Low
HK$0.18
Mkt. cap
8.48B
Avg. vol.
392.39M
Volume
148.15M
P/E ratio
0.37
52-wk high
HK$0.65
52-wk low
HK$0.16
EPS
HK$0.50
Shares outstanding
21.64B
No. of employees
13K
Open
HK$0.20
High
HK$0.20
Low
HK$0.18
Mkt. cap
8.48B
Avg. vol.
392.39M
Volume
148.15M
P/E ratio
0.37
52-wk high
HK$0.65
52-wk low
HK$0.16
EPS
HK$0.50
Shares outstanding
21.64B
No. of employees
13K
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Profile
Country Garden is a real estate development company headquartered in Shunde, Foshan, Guangdong, China. It is owned by Yang Guoqiang's family.
The company ranked 206th in Fortune Global 500 list of 2023. Country Garden features a market capitalization of over US$29.84 billion as of 2018; with 187 high-end township developments throughout China, Malaysia and Australia among its vast international project portfolio. The company is incorporated in the Cayman Islands.
In October 2023, the company announced that it was unable to fulfill its offshore debt obligations and was subsequently deemed in default on approximately US$11 billion of bonds, making it another victim of the 2020–2023 Chinese property sector crisis.
In July 2024, the Hong Kong High Court decided to postpone the hearing of Country Garden's liquidation petition to January 20, 2025, giving the company some breathing room to finalize its offshore debt restructuring plan. On January 16, 2025, the company presented a proposal to its offshore creditors aimed at reducing $11.6 billion in debt. Wikipedia
About Country Garden Holdings Co Ltd
CEOBin Mo
Employees12.7K
Founded1992
HeadquartersFoshan, Guangdong Province, China
Sector-
Websitecountrygarden.com.cn