China’s Country Garden to raise HK$6.295 billion by issuing shares to Ping An

Country Garden, the mainland’s No 6 developer in sales, will raise HK$6.295 billion by issuing news shares to Ping An Insurance (Group) Company of China so it will become the developer’s second largest shareholder, Country Garden announced in a stock exchange filing on We

via South China Morning Post - Business feed http://ift.tt/1DtUevx