HONG KONG, Jan 21 (Reuters) - Shares of embattled Chinese developer Country Garden were set to open up more than 3% in resumed trade on Tuesday following a more than nine-month trading suspension.
On Monday, Country Garden's lawyer told a Hong Kong court the company expects to reach terms with creditors next month regarding the restructuring of $16.4 billion in offshore debt.
The stock was set to open at HK$0.500, compared with the last trading price of HK$0.485 before the suspension.
(Reporting by Clare Jim and Donny Kwok; Editing by Anne Marie Roantree and Christopher Cushing)
((clare.jim@thomsonreuters.com;))
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