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Country Garden Holdings Addresses Regulatory Compliance Issues

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Country Garden Holdings Addresses Regulatory Compliance Issues

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Country Garden Holdings ( (HK:2007) ) just unveiled an update.

Country Garden Holdings announced that its subsidiary, Giant Leap Construction, received a regulatory decision from the Guangdong Securities Regulatory Bureau due to non-compliance in timely disclosure of corporate changes and legal matters. Despite the regulatory warning, the board supports the integrity of Ms. Yang Huiyan, the chairman, and emphasizes the company’s commitment to improving compliance and safeguarding bondholders’ interests.

The most recent analyst rating on (HK:2007) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Country Garden Holdings stock, see the HK:2007 Stock Forecast page.

More about Country Garden Holdings

Country Garden Holdings Company Limited is a major player in the real estate industry, primarily focusing on property development and construction. The company operates through its subsidiaries, including Giant Leap Construction Technology Group Co., Ltd., which is involved in corporate bond trading on the Shanghai Stock Exchange.

Average Trading Volume: 256,113,925

Technical Sentiment Signal: Sell

Current Market Cap: HK$14.41B

Learn more about 2007 stock on TipRanks’ Stock Analysis page.

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