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Court Adjourns Country Garden's Winding-Up Hearing
Hong Kong's High Court adjourned the hearing of a winding-up petition against Country Garden Holdings (HKG:2007) until July 29, according to a Thursday filing on the Hong Kong bourse. Ever Credit file
Express News | Country Garden Holdings - on 5 June 2024, High Court Ordered Hearing of Petition to Be Further Adjourned to 29 July
Express News | Country Garden Holdings - Update on Winding-up Petition
Country Garden (02007.HK): In May, the sales amount of contracted sales attributable to shareholders' equity was RMB 4.29 billion.
Country Garden (02007.HK) announced on June 5th that the Group, together with its joint venture and associated companies, achieved a total contract sales amount of approximately RMB 4.29 billion for the month of May 2024, with a contracted sales gross floor area of approximately 440,000 square meters, attributable to the company's shareholders' equity.
Express News | Country Garden Holdings - May Contracted Sales Attributable RMB 4.29 Bln
HTSC: China's mortgage rates may still have room to fall and remain bullish on the valuation repair of the real estate sector.
HTSC remains bullish on the real estate sector's valuation recovery, focusing on robust real estate developers with more resources in core cities and improved product capabilities, as well as property management companies with resilient performance, stable cash flow, and generous dividends.
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