HONG KONG -- Chinese property shares fell on Monday as distressed developer Country Garden Holdings hit a record low after suspending trading in some of its onshore bonds.
Private real estate players suffer as state-backed names gain ground
Country Garden Holdings shares fell 18.4% to HK$0.80 on Monday. © Reuters
HONG KONG -- Chinese property shares fell on Monday as distressed developer Country Garden Holdings hit a record low after suspending trading in some of its onshore bonds.