January 29, 2018 / 9:03 AM / a month ago

BRIEF-Yonghui Superstores Says Tencent Affiliate Linzhi Tencent To Invest In Its Tech Unit

Jan 29 (Reuters) - Yonghui Superstores Co Ltd:

* SAYS TENCENT AFFILIATE LINZHI (NOT LINGZHI) TENCENT TO INVEST 187.5 MILLION YUAN ($29.64 million) IN ITS TECHNOLOGY UNIT FOR 15 PERCENT STAKE

* SAYS BOARD APPROVES TECHNOLOGY UNIT TO BOOST REGISTERED CAPITAL BY 250 MILLION YUAN Source text in Chinese: bit.ly/2GsqTa7 Further company coverage: ($1 = 6.3250 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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