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BRIEF-China's Lancy, S.Korea's Hana Bank to boost asset management unit's capital
July 4, 2017 / 11:54 AM / in 4 months

BRIEF-China's Lancy, S.Korea's Hana Bank to boost asset management unit's capital

July 4 (Reuters) - Lancy Co Ltd

* Says it and Hana bank plan to boost asset management unit’s capital to 1.0 billion yuan ($147.07 million) from 100 million yuan

* Says asset management unit’s subsidiary and partners plan to set up investment JV worth 3.0 billion yuan

Source text in Chinese: bit.ly/2uG4Q9A; bit.ly/2ulrgNF

Further company coverage: ($1 = 6.7995 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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