January 2, 2018 / 9:39 AM / 19 days ago

BRIEF-Chengdu Hongqi Chain To Sell Another 9 Pct Stake In The Company To Yonghui Superstores

Jan 2 (Reuters) - Chengdu Hongqi Chain Co Ltd:

* SAYS CONTROLLING SHAREHOLDER AND PARTY ACTING IN CONCERT SIGN AGREEMENT TO SELL ANOTHER 9.0 PERCENT CO‘S STAKE TO YONGHUI SUPERSTORES

* SAYS YONGHUI SUPERSTORES WILL OWN 21 PERCENT STAKE IN THE COMPANY AFTER TRANSACTION Source text in Chinese: bit.ly/2lEONWl Further company coverage: (Reporting by Hong Kong newsroom)

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