Is country garden stock down 67 percent this year?

It is selling the shares at a 15 percent discount to Tuesday’s closing price. Country Garden’s stock is down 67 percent this year. Last week, Country Garden said it had reached an agreement to sell a 27 percent stake in a commercial and residential property development in Guangzhou in southern China, for $177 million.

What does Country Garden Holdings do?

The Company develops and markets high-rise residential buildings, low-rise apartments, villas, commercial facilities, office buildings, and other related areas. Country Garden Holdings also operates building renovation, property investment, property management, and other businesses.

Will country garden restructure its debt?

The repayment comes as Country Garden has defaulted on its $11 billion offshore bonds and is working on a plan to restructure the debt. Find the latest Country Garden Holdings Company Limited (2007.HK) stock quote, history, news and other vital information to help you with your stock trading and investing.

How much is Country Garden worth in Hong Kong?

Country Garden is selling 1.46 billion shares at HK$2.68 per share, an exchange filing showed Tuesday. At the end of October the stock traded at just HK$1. The shares were down 0.9% at HK$3.23 as of 2:22 p.m. in Hong Kong.