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The actual loss for the first half year announced on 30 August 2023 was 48.9 billion yuan (US$6.7 billion). On 15 August, Country Garden sought to delay payment on one private onshore bond, and suspended trading of 11 other onshore bonds, making some analysts believe that the company was preparing for a debt restructuring.
One month after the transition, the number was 1.5 million, 1.3 percent, and after nearly 2 months, the number was down to just over one million, or 1.1 percent. As of August 30, 2009, the number was 710,000, as 572,000 had upgraded in August and 1.8 million since June 12.
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Treating a month as 30 days and a year as 360 days was devised for its ease of calculation by hand compared with manually calculating the actual days between two dates. Also, because 360 is highly factorable, payment frequencies of semi-annual and quarterly and monthly will be 180, 90, and 30 days of a 360-day year, meaning the payment amount ...
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