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10 months ago
BRIEF-Xinxiang Chemical Fiber raises 1 bln yuan via private placement
October 12, 2016 / 8:51 AM / 10 months ago

BRIEF-Xinxiang Chemical Fiber raises 1 bln yuan via private placement

Oct 12 (Reuters) - Xinxiang Chemical Fiber Co., Ltd. :

* Says it raised about 1 billion yuan via private placement

* Says a He'nan-based asset management firm raised stake in the co to 8.8 percent from 0 percent

* Says a He'nan-based equity investment management firm raised stake in the co to 6.8 percent from 2.5 percent

Source text in Chinese:goo.gl/LQf1yi; goo.gl/Se6qlO

Further company coverage: (Beijing Headline News)

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