Country Garden Services Holdings Company Limited (6098.HK)
| Previous close | 4.460 |
| Open | 4.460 |
| Bid | 4.660 x 0 |
| Ask | 4.670 x 0 |
| Day's range | 4.460 - 4.710 |
| 52-week range | 4.250 - 12.960 |
| Volume | |
| Avg. volume | 25,837,282 |
| Market cap | 15.612B |
| Beta (5Y monthly) | 1.29 |
| PE ratio (TTM) | 51.89 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.02 (0.53%) |
| Ex-dividend date | 13 Jun 2024 |
| 1y target est | N/A |
- Reuters
Fitch plans to withdraw ratings of Country Garden Services
"Fitch believes that Country Garden Services investors benefit from increased rating coverage by Fitch and is providing approximately 30 days' notice to the market of the rating withdrawal," the ratings agency said in a statement on Monday. Fitch had downgraded Country Garden Services to BB+ and placed its rating on negative watch last week.
- Reuters
Country Garden aborts $300 million share sale, saying deal not finalised
HONG KONG/SYDNEY (Reuters) -Debt-laden Chinese developer Country Garden aborted a $300 million share placement at the last minute on Tuesday saying it had not reached a 'final agreement' for the deal to go ahead. A message from JPMorgan, the sole bookrunner for the sale, was sent early Tuesday saying Country Garden had decided against going ahead due to "various internal considerations" even though enough buyers had committed enough interest to cover the book, a person with direct knowledge said. Shares of Country Garden shed 7% in the afternoon session Tuesday, having rebounded 25% from July 24 after a meeting of China's Politburo had raised hopes of support for the troubled property sector.
- Reuters
China property giants tumble as cash crunch bites
SHANGHAI/SYDNEY (Reuters) -Stocks and bonds in China's real estate industry fell to around eight-month lows on Monday as fears of a cash crunch at two of the country's biggest developers, Country Garden and Dalian Wanda, deepened a crisis of confidence in the sector. The slump suggests the troubles that ignited with China Evergrande two years ago have boomeranged back and reached what many had hoped were the largest and safest players in a business crucial to China's economy. State-run Chinese media on Monday reported that the government would "adjust and optimise property policies at an appropriate time" but doubts remain, especially after six months of heavy stock and bond market selling.
