December 30, 2016 / 4:12 AM / 8 months ago

BRIEF-Hangzhou Binjiang Real Estate's unit to buy stake in property firm for 2.3 bln yuan

Dec 30 (Reuters) - Hangzhou Binjiang Real Estate Group Co Ltd

* Says its unit signs agreement to acquire 49 percent stake in Shanghai-based property firm for 2.3 billion yuan ($330.99 million)

Source text in Chinese: bit.ly/2hy2SnL

Further company coverage: ($1 = 6.9488 Chinese yuan renminbi) (Reporting by Beijing newsroom)

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