April 13, 2018 / 10:58 AM / 5 months ago

BRIEF-Xiamen Xiangyu To Buy Stake In Logistics Firm, Plans Medium-term Notes Issue

April 13 (Reuters) - Xiamen Xiangyu Co Ltd:

* SAYS IT PLANS TO BUY 20 PERCENT STAKE IN LOGISTICS FIRM FOR 316.2 MILLION YUAN ($50.37 million)

* SAYS IT PLANS TO ISSUE UP TO 1.0 BLN YUAN MEDIUM-TERM NOTES Source text in Chinese: bit.ly/2JIEvQy Further company coverage: ($1 = 6.2772 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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