February 23, 2018 / 12:18 PM / 6 months ago

BRIEF-Anbang Insurance Has No Immediate Plans to Cut Stake In Financial Street Holdings

Feb 23 (Reuters) - Financial Street Holdings Co Ltd :

* SAYS IT RECEIVES NOTICE FROM ANBANG INSURANCE SAYING THAT THE INSURER AND ITS UNITS' OPERATIONS ARE STABLE AND HAVE ABUNDANT CASH, SO THERE ARE NO IMMEDIATE PLANS TO CUT STAKE IN THE COMPANY Source text in Chinese: bit.ly/2sNHxyr Further company coverage: (Reporting by Hong Kong newsroom)

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