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BRIEF-Bank of Nanjing to invest in Bank of Rizhao, fund management firm
October 27, 2017 / 10:58 AM / a month ago

BRIEF-Bank of Nanjing to invest in Bank of Rizhao, fund management firm

Oct 27 (Reuters) - Bank of Nanjing Co Ltd

* Says it plans to invest 763.8 million yuan ($114.87 million) in Bank of Rizhao, shareholdings to increase to 20.0 percent after transaction

* Says it plans to invest 1.2 billion yuan in fund management firm

Source text in Chinese: bit.ly/2y7StJA

Further company coverage: ($1 = 6.6490 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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