May 24, 2016 / 1:31 PM / a year ago

BRIEF-Hunan TV & Broadcast to buy stakes in two online tech firms for 1.2 bln yuan

May 24 (Reuters) - Hunan TV & Broadcast Intermediary Co Ltd

* Says it plans to buy stakes in two online tech firms for a combined 1.2 billion yuan ($183.05 million) via cash, share issue

Source text in Chinese: bit.ly/1NJjRzJ

Further company coverage: ($1 = 6.5555 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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