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BRIEF-Yinyi Real Estate's units plan fund, to sell stakes in two property firms
November 8, 2017 / 10:04 AM / a month ago

BRIEF-Yinyi Real Estate's units plan fund, to sell stakes in two property firms

Nov 8 (Reuters) - Yinyi Real Estate Co Ltd

* Says unit plans to set up investment fund worth up to 2.0 billion yuan ($301.61 million) with partners

* Says unit plans to sell 56 percent stake each in two property firms for a combined 243.6 million yuan

Source text in Chinese: bit.ly/2zmtYrR; bit.ly/2zr4gQB

Further company coverage: ($1 = 6.6310 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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