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Boyu Capital completed a $479m investment in Jinke Smart Services Group.

Synopsis

Boyu Capital, a China-focused private equity firm, completed a $479m investment in Jinke Smart Services Group, a property management company. Chongqing-based Jinke Smart Services gained up to 17% in early trading in Hong Kong after disclosing that Boyu would acquire a stake from controlling shareholder Jinke Property Group.

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