** Shares of Country Garden Services rise 5.1% to HK$4.94, their highest since July 23
** Stock set to extend gains for a sixth straight session, if trend holds
** The property services arm of Chinese property developer Country Garden Holdings said on Wednesday it agreed to sell its 1.49% stake in Zhuhai Wanda Commercial Management for 3.14 bln yuan ($446.54 mln)
** Country Garden Services says the sale allows the company to streamline its investments, recover capital, and refocus on its core business operations as part of its planned exit strategy
** Hang Seng Mainland Properties Index surges 3%, Hang Seng Composite Index rises 2.3% and Hang Seng Index
adds 2.2%
** Stock of Country Garden Services down 26.6%, YTD
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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