** Shares of Greentown China Holdings 3900.HK surge 6.7% to HK$13.1, their highest since January 2023, and on course for fourth straight session of gains
** Stock set for the biggest one-day rise since February 26
** The Chinese property developer said its contracted and subscription sales amounted to 7.7 bln yuan ($1.06 billion) in February. That compard to 7 bln yuan sales the same period in 2024
** Hang Seng Mainland Properties Index .HSMPI rises 2.5%, index tracking properties and construction stocks .HSCIPC adds 1.5%, Hang Seng Index .HSI surges 2.9%
** Stock up 37.8% YTD
($1 = 7.2436 Chinese yuan renminbi)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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