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BRIEF-Shanghai Shimao to buy stakes in three firms for 4.67 bln yuan
October 11, 2016 / 9:46 AM / in a year

BRIEF-Shanghai Shimao to buy stakes in three firms for 4.67 bln yuan

Oct 11 (Reuters) - Shanghai Shimao Co Ltd

* Says it plans to buy stakes in three firms for a combined 4.67 billion yuan ($700.31 million)

Source text in Chinese: bit.ly/2dY8O5U

Further company coverage: ($1 = 6.6685 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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