The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai
Chinese developer Country Garden missed bond coupon payments on Monday, igniting concerns about its liquidity.
  • Property giant Country Garden has had a bad week. It missed interest payments and issued a profit warning.
  • The warning is a "prelude to an ultimate credit event," paving the way for debt restructuring, per JPMorgan.
  • Concerns about a restructuring started swirling after local outlet Yicai reported this process could begin soon.

Embattled Chinese property developer Country Garden may be preparing to enter a debt restructuring, JPMorgan Chase analysts wrote in a Friday note seen by Insider.