HONG KONG -- Embattled real estate developer Country Garden Holdings has belatedly reported staggering losses for 2023, offering a fresh glimpse into the depths of China's property crisis.
Debt-laden developer's Hong Kong shares remain suspended
Once China's largest developer by sales, Country Garden is trying to free itself from a cash crunch. © Reuters
HONG KONG -- Embattled real estate developer Country Garden Holdings has belatedly reported staggering losses for 2023, offering a fresh glimpse into the depths of China's property crisis.