January 9, 2018 / 10:31 AM / 5 months ago

BRIEF-COSCO Shipping Development To Invest 500 Mln Yuan To Set Up Industry Fund

Jan 9 (Reuters) - COSCO Shipping Development Co Ltd :

* SAYS IT PLANS TO INVEST 500 MILLION YUAN ($76.68 million) TO SET UP INDUSTRY FUND WITH PARTNERS Source text in Chinese: bit.ly/2merUJY Further company coverage: ($1 = 6.5206 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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