June 7, 2020 / 10:31 AM / a month ago

BRIEF-China Merchants Shekou Plans Asset Purchase, Strategic Deal With Ping An Insurance's Units

June 7 (Reuters) - China Merchants Shekou Industrial Zone Co Ltd:

* SAYS IT PLANS TO BUY 24% STAKE IN SHENZHEN NANYOU HOLDING VIA CASH, SHARE AND CONVERTIBLE BOND ISSUES

* SAYS IT SIGNS STRATEGIC AGREEMENTS WITH PING AN INSURANCE GROUP CO OF CHNA LTD’S ASSET MANAGEMENT, LIFE INSURANCE AFFILIATES

* CHINA MERCHANTS SHEKOU INDUSTRIAL ZONE SAYS TRADING IN SHARES TO RESUME ON JUNE 8 Source text in Chinese: bit.ly/2UjR63s; bit.ly/2BHY2AX Further company coverage: (Reporting by Hong Kong newsroom)

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