Liquidity concerns at Country Garden, China’s largest developer, are mounting. Photo: Reuters
Country Garden Services distances itself from former parent company amid rising liquidity concerns
- Country Garden Services seeks ‘market-oriented operations’ through ‘our own independence and isolation’, says CFO Huang Peng
- Chinese developer Country Garden will not issue US dollar convertible bonds amid ‘unsuitable market conditions’
Liquidity concerns at Country Garden, China’s largest developer, are mounting. Photo: Reuters
