The property management arm of mainland developer Country Garden has seen profits rise to 1.3 billion yuan for the first half ended June, from 816.9 million yuan a year earlier. Photo: Reuters The property management arm of mainland developer Country Garden has seen profits rise to 1.3 billion yuan for the first half ended June, from 816.9 million yuan a year earlier. Photo: Reuters
The property management arm of mainland developer Country Garden has seen profits rise to 1.3 billion yuan for the first half ended June, from 816.9 million yuan a year earlier. Photo: Reuters
China property

Country Garden Services seeks US$1 billion from stock placement with eyes on acquisition opportunities

  • Country Garden Services is placing 173 million shares at HK$45 each, pricing new shares at a 9.4 per cent discount to Thursday’s closing price
  • The stock placement follows the issuance of HK$3.84 billion worth of convertible bonds between April and June this year

Topic |   China property
The property management arm of mainland developer Country Garden has seen profits rise to 1.3 billion yuan for the first half ended June, from 816.9 million yuan a year earlier. Photo: Reuters The property management arm of mainland developer Country Garden has seen profits rise to 1.3 billion yuan for the first half ended June, from 816.9 million yuan a year earlier. Photo: Reuters
The property management arm of mainland developer Country Garden has seen profits rise to 1.3 billion yuan for the first half ended June, from 816.9 million yuan a year earlier. Photo: Reuters
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