Shares of Country Garden inched higher on Wednesday after the Chinese property developer disclosed that the Shanghai Stock Exchange had issued a “circulated criticism” over its failure to disclose overdue debts in a timely manner.
Country Garden shares opened at HK$0.285, up about 1.8 per cent from Tuesday’s close of HK$0.280.
In a filing to the Hong Kong Stock Exchange on Tuesday night, Country Garden said it and three executive directors – chairwoman Yang Huiyan, co-chairman Mo Bin and chief…
Country Garden shares edge up after regulators hold back on fines over debt disclosures
