July 28, 2017 / 11:21 AM / 2 years ago

BRIEF-Beijing Capital's H1 net profit falls, signs agreement to sell property firm to Vanke's unit

July 28 (Reuters) - Beijing Capital Development Co Ltd

* Says it expects H1 net profit to fall about 66 percent y/y versus net profit of 937.6 million yuan ($139.08 million)year ago

* Says it signs agreement to sell real estate firm to China Vanke’s unit for 1.17 billion yuan

Source text in Chinese: bit.ly/2tPtIj5; bit.ly/2eT9kHj

Further company coverage: ($1 = 6.7414 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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