January 30, 2018 / 11:30 AM / a year ago

BRIEF-Zhongchang Big Data To Boost Investment Management Unit's Capital, Unit Plans Investment

Jan 30 (Reuters) - Zhongchang Big Data Corp Ltd:

* SAYS IT PLANS TO BOOST INVESTMENT MANAGEMENT UNIT’S CAPITAL BY 220 MILLION YUAN ($34.82 million)

* SAYS THE UNIT PLANS TO BUY 55 PERCENT STAKE IN CLIENT MANAGEMENT SERVICE FIRM FOR 638 MILLION YUAN Source text in Chinese: bit.ly/2BETRA5; bit.ly/2rMlQ14 Further company coverage: ($1 = 6.3190 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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