** Shares of property management services provider Onewo Inc
jump 10% to HK$26.45, on track for their biggest one-day pct gain since May 2
** Stock of China Vanke -backed Onewo touches the highest since May 24, on course for a third straight session of rise
** Onewo says it intends to repurchase shares in the open market for up to HK$5.8 bln ($742.8 mln) to demonstrate its confidence in the development and prospects of its business
** China Vanke's Hong Kong shares slip 0.7%, Shenzhen stock
down 2.3%
** The Hang Seng Mainland Properties Index climbs 0.1%, the Hang Seng Composite Index adds 1% and the Hang Seng Index rises 1.2%
** Onewo stock up 5.6% YTD ($1 = 7.8086 Hong Kong dollars)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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