Country Garden Suspends Trading Amid Earnings Delay

Tuesday, 2 April 2024, 05:24

Country Garden, a major real estate player, has halted trading on its shares in Hong Kong following an announcement to postpone its financial report. The company's decision to delay its earnings release has raised concerns due to a winding-up petition it is currently dealing with.
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Country Garden Suspends Trading Amid Earnings Delay

Country Garden: China property giant suspends shares in Hong Kong

The real estate giant, Country Garden, announced the suspension of trading for its shares in Hong Kong. This move comes after the company disclosed a delay in releasing its financial performance report. The decision to withhold the earnings report is attributed to a pending winding-up petition.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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