Country Garden Holdings (02007.HK) saw its stock price surge by 5.13% during Friday's trading session, following the announcement of extended deadlines for its Restructuring Support Agreement (RSA) fees. This move by the Chinese property developer appears to have been well-received by investors, potentially signaling optimism about the company's ongoing restructuring efforts.

According to the company's statement, Country Garden has extended the Early-Bird RSA Fee deadline to 5:00 p.m. Hong Kong time on June 6, 2025. Additionally, the General RSA Fee deadline has been pushed back to 5:00 p.m. Hong Kong time on June 20, 2025. These extensions provide stakeholders with more time to participate in the restructuring process, which could be crucial for the company's future.

The market's positive reaction suggests that investors view this extension favorably, possibly interpreting it as a sign of flexibility and accommodation on the part of Country Garden. This development may indicate that the company is working closely with its creditors and other stakeholders to navigate its financial challenges. As the property sector in China continues to face headwinds, Country Garden's ability to successfully restructure its debt and operations remains a key focus for investors in the real estate market.