The company announced this week that, as it restructures its obligations, it needs more time to gather information.
Due to its foreign loan default last year, it is facing a winding-up petition.
A Hong Kong court ordered rival real estate behemoth China Evergrande to liquidate in January.
When Country Garden announced that its results report would be postponed, it stated that “the operating environment the group is confronting is becoming increasingly complex due to the continuous volatility of the industry.”
The winding-up petition for Country Garden, filed by Ever Credit Ltd., will have its initial hearing on May 17.
Hong Kong shares of the Chinese real estate company Country Garden are suspended.
Crisis-stricken Chinese real estate developer Country Garden postponed releasing its annual financial results, so it froze trading of its shares on the Hong Kong Stock Exchange.
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