---
title: "Country Garden Issues New Shares to Settle US$9 Million AHG Work Fees"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281266600.md"
description: "Country Garden Holdings (HK:2007) has approved the issuance of 219,375,000 new shares at HKD0.32 each to settle US$9 million in fees owed to the Ad Hoc Group of creditors. This share issuance, representing about 0.51% of existing share capital, replaces a previous plan with a higher price. The move aims to facilitate the company's debt restructuring process, although it results in modest shareholder dilution. The latest analyst rating for the stock is a Sell with a price target of HK$0.28."
datetime: "2026-03-31T21:19:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281266600.md)
  - [en](https://longbridge.com/en/news/281266600.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281266600.md)
---

# Country Garden Issues New Shares to Settle US$9 Million AHG Work Fees

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The latest announcement is out from Country Garden Holdings ( (HK:2007) ).

Country Garden Holdings has approved the issuance of 219,375,000 new shares under its general mandate at HKD0.32 per share to settle US$9 million in work fees owed to the Ad Hoc Group of creditors (AHG). The share-based payment, equivalent to HKD70.2 million and representing about 0.51% of existing share capital, replaces an earlier plan to issue fee shares under a specific mandate that assumed a higher fixed price of HKD0.50.

The issue price matches the 60‑day volume‑weighted average price and sits slightly above the latest close while marginally below the recent five‑day average, indicating a limited discount to market levels. By shifting to the general mandate and fixing both price and volume, the company secures a defined equity-based settlement for restructuring-related advisory costs, modestly diluting shareholders but helping advance its broader debt restructuring process with key creditor stakeholders.

The most recent analyst rating on (HK:2007) stock is a Sell with a HK$0.28 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 is a major Chinese property developer incorporated in the Cayman Islands and listed in Hong Kong. The group focuses on large-scale residential real estate projects and related property services, positioning itself as a key player in China’s housing market and broader urban development sector.

**Average Trading Volume:** 510,038,168

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$13.6B

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