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Country Garden Sells Stake in LandSpace, Exiting Equity Interest

Story Highlights

An update from Country Garden Holdings Co ( (HK:2007) ) is now available.

Country Garden Holdings Co. has announced the sale of approximately 11.063% of its shares in LandSpace, a move that will result in the company ceasing to hold any equity interest in LandSpace. This transaction, involving multiple purchasers, is classified as a discloseable transaction under the Hong Kong Stock Exchange’s Listing Rules, impacting the company’s financial positioning and strategic focus.

More about Country Garden Holdings Co

Country Garden Holdings Co. is a prominent real estate company incorporated in the Cayman Islands, primarily engaged in property development and management. The company focuses on residential and commercial properties, catering to a diverse market segment.

YTD Price Performance: -72.22%

Average Trading Volume: 34,641

Technical Sentiment Signal: Buy

Current Market Cap: $1.55B

For detailed information about 2007 stock, go to TipRanks’ Stock Analysis page.

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