January 5, 2018 / 11:34 AM / 6 months ago

BRIEF-China Fortune Land Acquires Property Assets, To Set Up Property Firms

Jan 5 (Reuters) - China Fortune Land Development Co Ltd :

* SAYS IT AND UNITS SET UP SEVEN PROPERTY FIRMS WITH TOTAL INVESTMENT OF 580 MILLION YUAN ($89.41 million)

* SAYS UNIT ACQUIRES PROPERTY ASSETS OF 674.1 MILLION YUAN Source text in Chinese: bit.ly/2lX4N6u; bit.ly/2CXaIAx Further company coverage: ($1 = 6.4870 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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