December 15, 2017 / 12:30 PM / a month ago

BRIEF-Changjiang Publishing & Media unit to set up fund management company and private equity fund

Dec 15(Reuters) - Changjiang Publishing & Media Co Ltd :

* Says its unit will invest 1.6 million yuan to set up a fund management company and hold 16 percent stake in the target company

* Says its unit will invest 48 million yuan to set up a private equity fund and hold 40 percent stake in the target fund

Source text in Chinese: goo.gl/UMkXRr

Further company coverage: (Beijing Headline News)

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