The controlling shareholder of COUNTRY GARDEN (02007.HK) -0.085 (-14.912%) Short selling $3.19M; Ratio 1.088% intended to convert half of the existing shareholder loans with a total principal amount of US$1.1 billion into COUNTRY GARDEN's shares and half into 60% of COUNTRY GARDEN's stake in Forest City, according to The Paper.Located in Johor Bahru, Malaysia, the “Forest City” project is co-developed by COUNTRY GARDEN and Malaysian developer, KPRJ, with COUNTRY GARDEN indirectly holding a 60% stake in Forest City.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-22 16:25.)