Country Garden rises on bondholders' nod to onshore debt restructuring

Reuters
2025.12.05 03:03
portai
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** Country Garden Holdings rises 3.9% to HK$0.53; on track for biggest one-day pct gain since September 9** Stock set to snap two straight sessions of fall** Chinese property developer says restructuring proposal for one onshore corporate bond issued by co, eight onshore corporate bonds issued by 2 subsidiaries passed by relevant bondholders** Adds with smooth progress of offshore debt restructuring, co making efforts to restore normal operations** YTD, stock up 7.2%