Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest announcement is out from Country Garden Holdings Co ( (HK:2007) ).
Country Garden Holdings Company Limited has announced significant progress in its efforts to resolve a Disclaimer of Opinion issued by its auditor regarding the financial statements for the year ended December 2024. The company has been actively pursuing a Proposed Restructuring plan aimed at converting major offshore debts into equity and extending debt tenors to alleviate liquidity burdens. Key milestones include reaching an agreement with major creditors and the issuance of new debt instruments, reflecting meaningful progress in stabilizing the company’s financial position and addressing offshore liabilities.
The most recent analyst rating on (HK:2007) stock is a Sell with a HK$0.40 price target. To see the full list of analyst forecasts on Country Garden Holdings Co stock, see the HK:2007 Stock Forecast page.
More about Country Garden Holdings Co
Country Garden Holdings Company Limited is a prominent player in the real estate industry, primarily engaged in property development and management. The company focuses on creating residential communities and commercial properties, with a significant market presence in China.
YTD Price Performance: -20.62%
Average Trading Volume: 40,004,137
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$10.67B
See more data about 2007 stock on TipRanks’ Stock Analysis page.