Hong Kong CNN —
Troubled housing giant Country Garden announced late Thursday that it would delay the publication of its annual results, in the latest sign of the turmoil still coursing through China’s huge property sector.
In a filing provided to the Hong Kong stock exchange, the company said it needed more time to collect information due to the complexity of the work required amid its debt restructuring.
The move is likely to cause its share trading to be suspended from Tuesday, as is required by Hong Kong’s listing rules.
Hong Kong’s market was closed
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