March 29, 2017 / 12:20 PM / 4 months ago

BRIEF-Wuxi Rural Commercial Bank's 2016 profit up, plans convertible bonds

1 Min Read

March 29 (Reuters) - Wuxi Rural Commercial Bank Co Ltd

* Says 2016 net profit up 7.1 percent y/y

* Says it plans to issue up to 3.0 billion yuan ($435.43 million) A-share convertible bonds

Source text in Chinese: bit.ly/2nzRpr3; bit.ly/2mPn1Kw

Further company coverage: ($1 = 6.8897 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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