By Rashmi Kumar 11 Dec 2020 Country Garden Services Holdings Company has raised HK$7.785bn ($1bn) from a placement of new shares, riding on strong investor interest in property management services companies over the past year. The Chinese company sold 173m shares overnight on Thursday at HK$45 each. CICC, JP Morgan and UBS were the placing agents. The transaction equaled 6.27% of Country Garden Services’ issued share capital, and 5.9% of its enlarged share capital. The final price of HK$45 offered investors ... Already a subscriber? Login