** Shares of Country Garden Services Holdings jump 10.1% to HK$5.87, on track for biggest one-day pct gain since Oct. 2
** Chinese property management group says it plans to repurchase up to 334.3 mln shares, or 10% of the issued shares, in the open market in a deal to be settled with available cash reserve
** Co, which has a market value of $2.46 bln, says the repurchase is to demonstrate its confidence in the firm's long-term business prospects and to improve shareholders' returns
** The Hang Seng Mainland Properties Index climbs 1.1%, index tracking properties and construction stocks
gains 0.9%, and the Hang Seng Seng Index adds 0.7%
** Stock down 11% YTD ($1 = 7.7827 Hong Kong dollars)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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