SEHK:2007Real Estate
Country Garden (SEHK:2007) Stock Confronts Mounting Default Risk After Revenue Slump
Country Garden Holdings closed at HK$0.197 on 28 August, a stock that has bounced around in recent months while investors tried to make sense of its survival prospects. The headline from the latest half year report is blunt. The company swung back into a loss of C¥15,616m in H1 2026 on revenue of C¥44,081m, even after a previous twelve month period flattered by a C¥83.3b one off gain.
So the short term read is all about red ink. The longer term story still hinges on a stretched balance sheet,...