February 5, 2018 / 7:45 AM / 15 days ago

BRIEF-Beijing Gehua Catv Network To Invest In Media Industry Buyout Fund With Partners

Feb 5 (Reuters) - Beijing Gehua Catv Network Co Ltd :

* SAYS IT PLANS TO INVEST 500 MILLION YUAN ($79.42 million) TO SET UP MEDIA INDUSTRY BUYOUT FUND WORTH 10 BILLION YUAN WITH PARTNERS Source text in Chinese: bit.ly/2EgaAz7 Further company coverage: ($1 = 6.2955 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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