Country Garden rises most in 2 months on bond plan in debt revamp

Country Garden Holdings

14/11/2025 05:34

** Shares of Chinese property developer Country Garden 2007.HK rise 3.7% to HK$0.56

** Set for its biggest one-day pct jump since September 17; fifth consecutive session of gain

** Top pct gainer on Hang Seng Composite Index tracking properties and construction stocks .HSCIPC, which is down 0.4%

** Co to issue bonds worth $13 billion as part of an offshore debt restructuring plan

** Plan includes issuance of warrants and new shares; could cut more than $11 billion in debt if fully implemented, co says

** YTD, stock up 15.5%, Hang Seng Mainland Properties Index .HSMPI up 16.9%, .HSCIPC up 23.5%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))