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[World] - Xi Jinping begged Joe Biden for a US$900 billion bailout to save China
- Thread starter UltimaOnline
- Start date
China asking US for bailout?
none of my business........but dont make me laugh...........
Markets
Country Garden Shrugs Off Penny Stock Label Amid Sector Support
By John Cheng
November 23, 2023 at 3:34 PM GMT+8
Distressed Chinese developer Country Garden Holdings Co. is poised to shed its penny stock status after Beijing signaled more support for troubled builders.
The stock surged 20% intraday to over HK$1 on Thursday after spending two months below that level. The builder will be included in a draft list of firms eligible for financing support, easing investor concerns over its liquidity woes.
Country Garden Shrugs Off Penny Stock Label Amid Sector Support
By John Cheng
November 23, 2023 at 3:34 PM GMT+8
Distressed Chinese developer Country Garden Holdings Co. is poised to shed its penny stock status after Beijing signaled more support for troubled builders.
The stock surged 20% intraday to over HK$1 on Thursday after spending two months below that level. The builder will be included in a draft list of firms eligible for financing support, easing investor concerns over its liquidity woes.
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