trending Market Intelligence /marketintelligence/en/news-insights/trending/5Uiuw93rq0VQpDfMA05CqA2 content esgSubNav
In This List

Country Garden nixes planned spinoff and listing on Shanghai bourse

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


Country Garden nixes planned spinoff and listing on Shanghai bourse

Country Garden Holdings Co. Ltd. withdrew its proposal to spin off its property management unit, Guangdong Country Garden Property Services Co. Ltd.

The company originally filed its application for the spinoff and listing on the Shanghai Stock Exchange in September 2016. According to a company release, the spinoff is being withdrawn due to a recent policy change at certain Chinese approval authorities.

The company is considering a possible separate listing on another exchange, among other options.