You know things are bad when a former Steady Eddy is buckling at the knees. Country Garden, China’s largest and previously safest property group, has reported a 96 per cent drop in earnings. This has worrying implications for investors. Net profits fell to Rmb612mn ($88mn) in the first half, the biggest decline since Country Garden listed in 2007. The group’s fortunes mirror China’s economic health more accurately than peers. The company specialises in homes for mid to lower income people and avoids high-risk projects.
当原来的“中流砥柱”都站不稳时，你就知道情况真的很糟了。manbetx3.0 最大、曾经最安全的房地产企业碧桂园(Country Garden)报告称，归属股东净利润同比下降96%。这对投资者而言是令人担忧的信号。
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