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Chinese property giant Country Garden extends losses on debt worries
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SHANGHAI (Reuters) — Shares in China's property developer Country Garden and its property service arm Country Garden Services Holdings tumbled on Monday, extending losses from the previous week on debt concerns.
Country Garden Services Holdings slumped more than 6%, while Country Garden fell more than 3% to its lowest level since last November.
The Hang Seng Mainland Properties Index declined nearly 3%.
Read more on investing.comAbout this in other media
Country Garden shares hit record low on loss forecast, restructuring fears investing.com /8 months ago
China's Country Garden flags H1 net loss, vows to address liquidity concerns economictimes.indiatimes.com /8 months ago
China's real estate market roiled by default fears again, as Country Garden spooks investors cnbc.com /8 months ago
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