January 30, 2018 / 12:15 PM / 3 months ago

BRIEF-Risesun Real Estate's Prelim 2017 Profit Up, To Issue Medium-Term Notes and Commercial Paper

Jan 30 (Reuters) - Risesun Real Estate Development Co Ltd :

* SAYS IT PLANS TO ISSUE UP TO 7.0 BILLION YUAN ($1.11 billion) MEDIUM-TERM NOTES, UP TO 5.0 BILLION YUAN COMMERCIAL PAPER

* SAYS PRELIM 2017 NET PROFIT UP 39.1 PERCENT Y/Y AT 5.8 BILLION YUAN Source text in Chinese: bit.ly/2DPwV7r; bit.ly/2DOOOD6; bit.ly/2DMLBQD Further company coverage: ($1 = 6.3156 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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