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BRIEF-Xinhu Zhongbao to invest 277.2 mln yuan in Bank of Wenzhou's share placement
December 9, 2016 / 10:32 AM / a year ago

BRIEF-Xinhu Zhongbao to invest 277.2 mln yuan in Bank of Wenzhou's share placement

Dec 9 (Reuters) - Xinhu Zhongbao Co Ltd

* Says it plans to invest 277.2 million yuan ($40.17 million) to participate in Bank of Wenzhou’s share placement

Source text in Chinese: bit.ly/2gIu3cL

Further company coverage: ($1 = 6.9015 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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