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BRIEF-Haining China Leather Market unit to set up asset management JV with two partners
February 15, 2017 / 2:19 AM / 7 months ago

BRIEF-Haining China Leather Market unit to set up asset management JV with two partners

Feb 15 (Reuters) - Haining China Leather Market Co., Ltd.:

* Says its wholly owned investment subsidiary plans to set up an asset management JV with two Hangzhou-based investment management partnerships

* Says the JV to be capitalized at 50 million yuan and the subsidiary to hold 40 percent stake in it

Source text in Chinese:rrd.me/byAjC

Further company coverage: (Beijing Headline News)

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