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BRIEF-Hangzhou Shunwang Tech to sell stake in Internet firm for about 254 mln yuan
July 29, 2016 / 8:41 AM / a year ago

BRIEF-Hangzhou Shunwang Tech to sell stake in Internet firm for about 254 mln yuan

July 29 (Reuters) - Hangzhou Shunwang Technology Co Ltd

* Says it plans to sell a 22 percent stake in Internet firm valued at 253.8 million yuan ($38.14 million)

Source text in Chinese: bit.ly/2azpC40

Further company coverage: ($1 = 6.6546 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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