December 23, 2016 / 8:43 AM / 8 months ago

BRIEF-Garments maker Lancy to set up insurance firm with partners

Dec 23 (Reuters) - Lancy Co Ltd

* Says it signs agreement to invest 110 million yuan ($15.83 million) to set up insurance firm with registered capital of 1.0 billion yuan with partners

Source text in Chinese: bit.ly/2ijcZP8

Further company coverage: ($1 = 6.9482 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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