
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo
HONG KONG, Aug 14 (Reuters) – Chinese property giant Country Garden's (2007.HK) debt problems deepened after its onshore bonds were suspended, sending its shares plunging 16% to a record low on Monday in a fresh blow to policymakers trying to shore up confidence in a stuttering economy.
Country Garden shares dive after bond trading halted, fans further economic distress comes via ChinaTechNews.com.