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2 months ago
BRIEF-Hainan Mining, Fosun High Tech and Zhaojin Mining to invest in Russia firm
June 1, 2017 / 1:49 AM / 2 months ago

BRIEF-Hainan Mining, Fosun High Tech and Zhaojin Mining to invest in Russia firm

1 Min Read

June 1 (Reuters) - Hainan Mining Co Ltd

* Says it, Shanghai Fosun High Technology Group Co Ltd and Zhaojin Mining Industry Co Ltd plan to boost capital in Shanghai-based investment firm by $243 million, $182 million and $62 million respectively

* Says the Shanghai-based investment firm plans to acquire 10 pct stake in Russia's Public Joint Stock Company Polyus for $887 million

Source text in Chinese: bit.ly/2rd5NXN

Further company coverage: (Reporting by Hong Kong newsroom)

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