October 17, 2016 / 3:31 AM / 10 months ago

BRIEF-China Film to acquire 70 pct stake in Huachen Film

Oct 17 (Reuters) - China Film Co Ltd

* Says it plans to acquire 70 percent stake in Huachen Film Group for 553 million yuan ($82.93 million)

Source text in Chinese: bit.ly/2em86zS

Further company coverage: ($1 = 6.6685 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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