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BRIEF-Jiangsu Hongdou plans to buy stake in China Minsheng Investment
May 2, 2017 / 2:25 AM / in 4 months

BRIEF-Jiangsu Hongdou plans to buy stake in China Minsheng Investment

May 2 (Reuters) - Jiangsu Hongdou Industrial Co Ltd

* Says it plans to buy 750 million shares in China Minsheng Investment Corp Ltd from controlling shareholder for about 1.1 billion yuan ($159.50 million)

Source text in Chinese: bit.ly/2p334wJ

Further company coverage: ($1 = 6.8964 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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