Stock Track | Country Garden Soars 5.15% as Trading Resumes After Nine-Month Halt, Debt Restructuring In Sight

Stock Track

Jan 21, 2025

Country Garden Holdings Co Ltd's shares surged 5.15% to HK$0.500 in resumed trading on Tuesday after a suspension of over nine months. The stock's rise came amid expectations that the embattled Chinese developer is nearing a debt restructuring deal with creditors.

The Hong Kong-listed company announced its trading resumption, saying it has been undertaking measures to mitigate liquidity pressure and improve its financial position. According to reports, Country Garden's lawyer told a Hong Kong court on Monday that the company expects to reach terms with creditors next month regarding the restructuring of $16.4 billion in offshore debt.

Country Garden's shares had been suspended since late May 2022, as the company grappled with a severe cash crunch amid China's real estate crisis. The resumption of trading and potential debt restructuring deal have raised hopes for the company's recovery and provided relief to investors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1146574155"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1146574155\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1146574155?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-21 09:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1146574155","market":"hk","top_or_hot":-1,"title":"Stock Track | Country Garden Soars 5.15% as Trading Resumes After Nine-Month Halt, Debt Restructuring In Sight","media":"Stock Track","content":"<p>Country Garden Holdings Co Ltd's shares surged 5.15% to HK$0.500 in resumed trading on Tuesday after a suspension of over nine months. The stock's rise came amid expectations that the embattled Chinese developer is nearing a debt restructuring deal with creditors.</p>\n\n<p>The Hong Kong-listed company announced its trading resumption, saying it has been undertaking measures to mitigate liquidity pressure and improve its financial position. According to reports, Country Garden's lawyer told a Hong Kong court on Monday that the company expects to reach terms with creditors next month regarding the restructuring of $16.4 billion in offshore debt.</p>\n\n<p>Country Garden's shares had been suspended since late May 2022, as the company grappled with a severe cash crunch amid China's real estate crisis. The resumption of trading and potential debt restructuring deal have raised hopes for the company's recovery and provided relief to investors.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Country Garden Soars 5.15% as Trading Resumes After Nine-Month Halt, Debt Restructuring In Sight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Country Garden Soars 5.15% as Trading Resumes After Nine-Month Halt, Debt Restructuring In Sight\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-21 09:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Country Garden Holdings Co Ltd's shares surged 5.15% to HK$0.500 in resumed trading on Tuesday after a suspension of over nine months. The stock's rise came amid expectations that the embattled Chinese developer is nearing a debt restructuring deal with creditors.</p>\n\n<p>The Hong Kong-listed company announced its trading resumption, saying it has been undertaking measures to mitigate liquidity pressure and improve its financial position. According to reports, Country Garden's lawyer told a Hong Kong court on Monday that the company expects to reach terms with creditors next month regarding the restructuring of $16.4 billion in offshore debt.</p>\n\n<p>Country Garden's shares had been suspended since late May 2022, as the company grappled with a severe cash crunch amid China's real estate crisis. The resumption of trading and potential debt restructuring deal have raised hopes for the company's recovery and provided relief to investors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02007","symbol_name":"碧桂园","start_time":0,"source_url":"","article_id":"1146574155","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146574155","pubTimestamp":1737423140,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Country Garden Holdings Co Ltd's shares surged 5.15% to HK$0.500 in resumed trading on Tuesday after a suspension of over nine months. The stock's rise came amid expectations that the embattled Chinese developer is nearing a debt restructuring deal with creditors.The Hong Kong-listed company announced its trading resumption, saying it has been undertaking measures to mitigate liquidity pressure and improve its financial position. According to reports, Country Garden's lawyer told a Hong Kong cou","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02007":"碧桂园"},"translate_title":"停牌九个月复牌碧桂园股价飙升5.15%，债务重组在望","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02007":1},"content_text":"Country Garden Holdings Co Ltd's shares surged 5.15% to HK$0.500 in resumed trading on Tuesday after a suspension of over nine months. The stock's rise came amid expectations that the embattled Chinese developer is nearing a debt restructuring deal with creditors.\nThe Hong Kong-listed company announced its trading resumption, saying it has been undertaking measures to mitigate liquidity pressure and improve its financial position. According to reports, Country Garden's lawyer told a Hong Kong court on Monday that the company expects to reach terms with creditors next month regarding the restructuring of $16.4 billion in offshore debt.\nCountry Garden's shares had been suspended since late May 2022, as the company grappled with a severe cash crunch amid China's real estate crisis. The resumption of trading and potential debt restructuring deal have raised hopes for the company's recovery and provided relief to investors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}