BUZZ-<a href="https://laohu8.com/S/CTRYF">Country Garden</a> rises on bondholders' nod to onshore debt restructuring** Country Garden Holdings 2007.HK rises 3.9% to HK$0.53; on track for biggest one-day pct gain since September 9
** Stock set to snap two straight sessions of fall
** Chinese property developer says restructuring proposal for one onshore corporate bond issued by co, eight onshore corporate bonds issued by 2 subsidiaries passed by relevant bondholders
** Adds with smooth progress of offshore debt restructuring, co making efforts to restore normal operations
** YTD, stock up 7.2%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments