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BEIJING/HONG KONG (Reuters) -Country Garden has won approval from its creditors to extend the maturity of one more onshore bond, sources with knowledge of the matter said, as the Chinese developer battles to avoid a default amid Beijing's efforts to stabilise the crisis-hit sector. The maturity period of the cash-strapped Country Garden's onshore bond has been extended by three years, said the sources, who declined to be named as they were not authorised to speak to the media. Country Garden's financial woes are the latest to hit the beleaguered property sector, which was once...

SHANGHAI/BEIJING (Reuters) -China's largest private property developer Country Garden won approval from its creditors to extend repayments on six onshore bonds by three years, two sources familiar with the matter said on Tuesday, sending shares up as much as 10%. The bondholder reprieve came as investors are closely monitoring whether China's latest government stimulus measures including lowering existing mortgage rates and offering preferential loans for first-home purchases in big cities might be enough to restore consumer confidence and sow the seeds for an eventual property mark...

Country Garden has won approval from its creditors to extend the repayments on six onshore bonds by three years, said two sources familiar with the matter. Onshore creditors voted on...

China's largest private property developer Country Garden has won approval from its creditors to extend the repayments on six onshore bonds by three years, two sources familiar with the matter said on...

SHANGHAI/HONG KONG (Reuters) - Country Garden has won approval from its creditors to extend the repayments on six onshore bonds by three years, said t...