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Country Garden debuts in HK

(Reuters)
Updated: 2007-04-20 16:37

Country Garden chairman Yeung Kwok-keung (R) celebrates with Ronald Arculli, Chairman of Hong Kong Exchanges and Clearing Limited (HKEx), during the debut at the Hong Kong Exchanges in Hong Kong April 20, 2007. Shares in Country Garden Holdings Co., which raised $1.66 billion in the biggest-ever IPO by a Chinese developer, jumped 35 percent in their Hong Kong debut as investors clamoured for exposure to the booming sector despite cooling measures by Beijing. [Reuters]