Hong Kong Stock Market News | Country Garden surges over 7% as founder and chairman of the board are currently working normally in China.
Country Garden's stock is currently up more than 7%, as of the time of writing, it has risen by 7.04% to HKD 0.76, with a trading volume of HKD 87,333,900.
According to the information obtained from the Zhitong Finance APP, Country Garden (02007) is currently up more than 7%. As of the time of writing, it has risen by 7.04% to HKD 0.76, with a turnover of HKD 87.33 million.
On the news front, according to a report from Cailian Press, Country Garden issued a statement today stating that the company is aware of rumors that the "founder and his daughter may have left the country". These rumors were maliciously spread on multiple online platforms, causing a negative impact. The founder of the company and the chairman of the board of directors are currently working normally in China.
It is reported that Country Garden has recently been frequently disclosing the itinerary of Yang Guoqiang. On the afternoon of October 11th, Yang Guoqiang, the founder of Country Garden Holdings, and Mo Bin, the president, went to the second project site west of Nanping Road, Beijiao, Shunde, Guangdong to guide the work. On the evening of October 18th, the company's official WeChat account published an article mentioning that on October 17th, Cao Jianglin, the secretary of the Party Committee and chairman of Zhongnongfa Group, visited Country Garden's headquarters for investigation and exchange, and had a friendly exchange with Yang Guoqiang, the founder of Country Garden Holdings.