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The latest update is out from Country Garden Holdings ( (HK:2007) ).
Country Garden Holdings Company Limited announced the approval of a restructuring proposal for nine onshore corporate bonds, involving adjustments to principal and interest repayment arrangements. This move, approved by relevant bondholders, includes options such as repurchase, stock, and general creditor claims, indicating a strategic approach to manage its financial obligations and strengthen its market position.
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 prominent real estate developer based in China, primarily engaged in property development, construction, and management. The company focuses on residential and commercial properties and is known for its large-scale projects across various regions in China.
Average Trading Volume: 262,235,948
Technical Sentiment Signal: Hold
Current Market Cap: HK$14.69B
Learn more about 2007 stock on TipRanks’ Stock Analysis page.