Mastodawn

Hong Kong’s High Court has dismissed a creditor’s liquidation petition against Country Garden Holdings, approving its $14.1 billion offshore debt restructuring plan and paving the way for the Chinese developer’s turnaround amid a sector-wide crisis.
#YonhapInfomax #CountryGarden #HongKongHighCourt #DebtRestructuring #ChinaEvergrandeGroup #PropertyMarketDownturn #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105584

Hong Kong Court Dismisses Creditor's Liquidation Petition Against China’s Country Garden

Yonhap Infomax

Daron Brewood 🇬🇧Sep 8, 2025

A tranquil #CountryGarden near Spilsby in Lincolnshire unfolds with vibrant flowerbeds, lush rhubarb leaves, and sweeping lawns under a dramatic summer sky. The #SummerLandscape is framed by towering old trees, with splashes of color from blooming roses and other seasonal flowers in a carefully tended #FlowerGarden. Surrounded by historic countryside, the area is known for its scenic walks and charming rural character, perfect for a slow-paced afternoon. The #LushGreenery and layered #ScenicView create a peaceful retreat typical of England’s classic walled and ornamental gardens.

Taken Jun 2025

#ShotOniPhone #UKCountryPic #Photography #MastoGPT #CountryGarden #SummerLandscape #FlowerGarden #LushGreenery #ScenicView #OrchardCottage #Spilsby #England #UnitedKingdom

Smartphone Photographer Aug 27, 2025

Cosy Cottage in the Woods. #thatchedcottage #cottagelife #fairytalehouse #englishcottage #countryliving #foresthouse #cottagecore #enchantedforest #rustic #countryside #rural_love #beautifulhomes #cozyhome #countrygarden #smartphonephotography #photography

News Beep Aug 15, 2025

China’s home prices continue slide as support measures fail to budge sentiment

A gauge of new home prices in China slid 0.3 per cent in July, adding to the steepest…
#NewsBeep #News #Headlines #Beijing #China #ChinaEvergrande #CountryGarden #E-HouseChinaRealEstateResearchInstitute #Guangzhou #HongKong #Latvia #LV #NationalBureauofStatistics #Shanghai #Shenzhen #Sunac #u.s. #Vanke
https://www.newsbeep.com/61858/

Smartphone Photographer Aug 3, 2025

Green Field Gate. #countryside #ireland #summerday #countryliving #countryhouse #countrygarden #gardengate #ruralireland #greenlandscape #countrylife #irishlandscape #smartphonephotography #photography

The Japan Times Jan 28, 2025

China Vanke has been thrown a lifeline by state authorities, a rare show of support that signals the developer may be too big to fail even after dozens of property firms defaulted amid China’s punishing housing slump. https://www.japantimes.co.jp/business/2025/01/28/companies/china-support-vanke/?utm_medium=Social&utm_source=mastodon #business #companies #vanke #china #realestate #evergrande #countrygarden

Rare China support shows Vanke may be too big to fail

The unusual support shows that Vanke holds a special place within China’s moribund property sector.

The Japan Times

Norobiik @[email protected]May 13, 2024

Last week, #CountryGarden revealed that it had missed an #InterestPayment worth around 66 million yuan ($9.1 million) for #OnshoreBonds due May 9. It had already defaulted on its #OffshoreDebt.

Had #CountryGarden failed to pay within a 5 day grace period, then the guarantor— state-owned #ChinaBondInsurance—would have paid instead. #PropertyMarketCrisis

Beijing narrowly escapes having to cover the debts of developer Country Garden
https://fortune.com/asia/2024/05/13/country-garden-makes-interest-payment-avoids-guarantor-paying-debt-china-real-estate-crisis/

Back toot: https://noc.social/@Norobiik/112332607219791863

Beijing narrowly escapes having to cover the debts of developer Country Garden as it scrounges up a $9 million interest payment

Country Garden, which is already in default, made a $9 million interest payment on onshore bonds guaranteed by a state-owned financial firm.

Fortune

Norobiik @[email protected]May 13, 2024

#ForestCity started to be built by #China’s largest property developer, #CountryGarden, in 2016 and was set to be home to one million residents.

But although it was aimed at middle-class people, with the average apartment in the development retailing for $1.14 million (£905,000), the price was far out of reach for most #Malaysians. #Malaysia

Inside abandoned £80,000,000,000 #GhostCity where skyscrapers stand empty
https://metro.co.uk/2024/05/12/inside-malaysias-abandoned-80-000-000-000-ghost-town-forest-city-20823415/?ITO=msn

Inside Malaysia's abandoned £80,000,000,000 ghost town, Forest City

Forest City also features a deserted beach, an empty children's playground and closed shopping centres.

Metro.co.uk

Norobiik @[email protected]Feb 29, 2024

It's a disaster decades in the making - we're just witnessing the tail end of it.

CNBC's video excellently summarizes the debacle in just 8+ minutes.
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#China's top #RealEstate developers, #Evergrande and #CountryGarden, have defaulted on their debts. But the issues in China's #PropertyMarket have much deeper roots. #PropertyMarketCrisis

How China's property bubble burst | Watch
https://www.cnbc.com/video/2024/02/29/how-chinas-property-bubble-burst.html

Back toot: https://noc.social/@Norobiik/111952205585578186