Shares of China's Country Garden rise more than 7% in early trade

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Shares of China's Country Garden rise more than 7% in early trade
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Shares of Country Garden rose more than 7% on Tuesday, recovering some ground after the stock plunged a day earlier as China's largest private developer seeks to delay payment on a private onshore bond for the first time.

The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023.

Aly Song/File Photorose more than 7% on Tuesday, recovering some ground after the stock plunged a day earlier as China's largest private developer seeks to delay payment on a private onshore bond for the first time.Reporting By Anne Marie Roantree; Editing by Muralikumar Anantharaman

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