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Country Garden: China property giant suspends shares in Hong Kong (www.bbc.com)
submitted 1 year ago by tardigrada@beehaw.org to c/china@sopuli.xyz
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It defaulted on its overseas debt last year and faces a winding-up petition.

In January, rival real estate giant China Evergrande was ordered to liquidate by a Hong Kong court.

Country Garden said "due to the continuous volatility of the industry, the operating environment the Group confronting is becoming increasingly complex", when it announced its earnings report would be delayed.

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