Country Garden Hit With Winding-Up Petition Over $205 Million In Loans – Forbes

Share to Facebook Share to Twitter Share to Linkedin Country Garden Holdings, the troubled property developer chaired by billionaire Yang Huiyan, has been hit with its first known liquidation petition in Hong Kong. The company said Wednesday that creditor Ever Credit Limited filed a winding-up petition over HK$1.6 billion ($204.5 million) in unpaid loans, according…