Country Garden Shares Rise as Trade Resumes After Monthslong Suspension
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2025
0mins
Source: WSJ
Stock Resumption: Country Garden Holdings' shares surged by up to 30% after resuming trading in Hong Kong following a nine-month suspension due to a debt-restructuring pledge with creditors.
Current Share Performance: By midday, the shares were trading at 60 Hong Kong cents, reflecting a 24% increase but still close to historical lows.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
