Seazen pockets $351m from HK placement

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Seazen pockets $351m from HK placement

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Local residents look at the real estate models in Guicheng in Foshan city in south China's Guangdong province on Tuesday, Feb. 16, 2010. The housing price in Guangzhou rose more than 40 percent last year.(Photo By Li Huang/Color China Photo/AP Images) | Li Huang/ColorChinaPhoto/AP/Press Association Images

Chinese property developer Seazen Group raised HK$2.73bn ($351.3m) on Monday from a sale of new shares, increasing the offering size on the back of strong demand, according to a source familiar with the deal.

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