Stock Track | Country Garden Plummets 5.26% Intraday on News of 14 New Lawsuits Totaling RMB2.07 Billion

Stock Track01-27

Country Garden's stock price plummeted 5.26% during intraday trading on Tuesday, reflecting significant selling pressure.

The sharp decline follows the company's announcement that it is newly involved in 14 pending litigation and arbitration cases, each with a disputed amount exceeding RMB 50 million. The total disputed amount from these cases is approximately RMB 2.07 billion, representing a substantial legal and financial overhang for the property developer.

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