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現在の単語数:
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作成日:
2025/01/22 07:00
更新日:
2025/12/08 06:56
本文
本文
Shares in debt-laden Country Garden rose in Hong Kong on Tuesday after a 9-month trading suspension was lifted on the Chinese property developer. Shares of the real estate giant jumped as much as 30 percent during the session and closed about 17 percent higher. The gains came after Country Garden told a Hong Kong court on Monday that it expects to reach an agreement with creditors next month on restructuring its debt. The trading suspension was imposed in April 2024 after the company missed a deadline for filing an annual earnings report. The real estate giant faced a delisting by the Hong Kong Stock Exchange if the suspension lasted 18 months. It managed to avoid that by releasing the report on January 14. The report showed a massive loss of 24 billion dollars for 2023. It is also estimated the company defaulted on about 20 billion dollars of debt as of the end of June last year.
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