ASIA CREDIT CLOSE: Credits steady in muted markets on US holiday
SINGAPORE, Feb 20 (IFR) - Asian credits were broadly unchanged in muted markets with a positive undertone as a result of firmer regional equities.
Jan 6 Guangzhou Yuexiu Financial Holdings Group Co Ltd
* Says it plans to invest 1.14 billion yuan ($164.71 million) to set up asset management firm with registered capital at 3.0 billion yuan in Guangdong province
Source text in Chinese: bit.ly/2iIgOMV
Further company coverage: ($1 = 6.9211 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)
* New venture will focus on stock portfolio, investment management and outsourcing activities
* Increases share capital by 58 million euros ($61.61 million)