February 28, 2017 / 10:10 AM / 6 months ago

BRIEF-Luoniushan to set up wholly owned micro loan unit

Feb 28(Reuters) - Luoniushan Co Ltd :

* Says it will invest 120 million yuan to set up a Hainan-based wholly owned unit

* Says unit will be engaged in micro loan business

Source text in Chinese: goo.gl/Dyhapp

Further company coverage: (Beijing Headline News)

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