$COUNTRY GARDEN (02007.HK)$ opened flat at $0.61 after sayin...

$COUNTRY GARDEN(02007.HK)$ opened flat at $0.61 after saying it will try its best to raise funds within the grace period when it responds to the failure of its domestic bonds to be repaid on schedule.

$CHINA VANKE(02202.HK)$ dipped 0.3% at $6.28 after the company reportedly discussed a bond swap with its major creditor banks to avoid default. For the rest of the Chinese property developers, $CHINA OVERSEAS(00688.HK)$ , $LONGFOR GROUP(00960.HK)$ and $CHINA RES LAND(01109.HK)$ sank 0.8%-1.1%.