Struggling property developer Country Garden ' s shares hit record low after suspending bond trading amid a severe cash crunch

Another Evergrande-like crisis is brewing in the Chinese property sector. • Country Garden is the latest developer to suspend its bond trading amid a wider liquidity crisis. • Shares in the embattled firm hit a record low Monday morning – fuelling a broad sell-off in property stocks. China's…#countrygarden #panda #moody #caa1 #shimaogroup #iceland
Source: Reuters: Health - Category: Consumer Health News Source Type: news