Country Garden set to open up 5.6% after deal to extend onshore bond payment - Reuters

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Sept 4 (Reuters) - Shares of Country Garden Holdings Co Ltd (2007.HK) were set to open up 5.6% on Monday after the embattled Chinese developer won approval from its creditors to extend payments for an onshore private bond.

The stock was set to open at HK$0.94. That compared to a 1.1% rise in the benchmark Hang Seng Index (.HSI) and a 3.6% jump in Hang Seng Mainland Properties Index (.HSMPI).

Reporting by Donny Kwok; Editing by Kim Coghill

Our Standards: The Thomson Reuters Trust Principles.

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Country Garden set to open up 5.6% after deal to extend onshore bond payment - Reuters
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