December 9, 2016 / 9:47 AM / 8 months ago

BRIEF-Ningbo Huaxiang Electronic to raise up to 2.5 bln yuan in private placement

Dec 9 (Reuters) - Ningbo Huaxiang Electronic Co Ltd

* Says share trade to resume on Dec 12

* Says it plans to raise up to 2.5 billion yuan ($362.24 million) in private placement of shares to fund auto projects

Source text in Chinese: bit.ly/2h42LAH; bit.ly/2h49Dhf

Further company coverage: ($1 = 6.9015 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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