China property giant Country Garden ($1.5 billion market value) property management unit (Country Garden Services) has signed an agreement for $138 million (CNY 1 billion) loan from Chairwoman Yang Huiyan (Concrete Win & Fortune Warrior) for a 5 year revolving loan at 5% p.a. secured by 543 million shares (16.3% shareholding with $465 million value). The loan will be used to fund & accelerate delivery of housing projects in China Mainland. In 2025 April, Country Garden is selling 11.063% stake in commercial space company LandSpace Technology for $179 million. In 2025 April, China property giant Country Garden reached a restructuring agreement with a key bondholder group, and is in process to reduce $14.1 billion of debt by 78%. The next liquidation Hong Kong court hearing is on 26th May 2025. Earlier in 2025 April, Country Garden ($1.6 billion market value) has reported $4.5 billion loss for 2024, having reported $24.3 billion loss for 2023.