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BRIEF-Jingwei Textile Machinery unit's firm to sell stake in Shenzhen firm
March 3, 2017 / 9:26 AM / 7 months ago

BRIEF-Jingwei Textile Machinery unit's firm to sell stake in Shenzhen firm

March 3 (Reuters) - Jingwei Textile Machinery Co Ltd

* Says unit’s firm plans to sell 80 percent stake in investment management firm in Shenzhen for at least 400.5 million yuan ($58.05 million)

Source text in Chinese: bit.ly/2llmcZ9

Further company coverage: ($1 = 6.8998 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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