© Reuters. FILE PHOTO: A construction site of residential buildings by Chinese developer Country Garden is pictured in Tianjin, China August 18, 2023. REUTERS/Tingshu Wang/File Photo
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(Reuters) – Shares of Country Garden Holdings Co Ltd 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 and a 3.6% jump in Hang Seng Mainland Properties Index.
Source: Investing.com
