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BRIEF-Dazhong Transportation cuts stake in Guotai Junan Securities
September 29, 2017 / 8:01 AM / in 3 months

BRIEF-Dazhong Transportation cuts stake in Guotai Junan Securities

Sept 29 (Reuters) - Dazhong Transportation Group Co Ltd

* Says it sold 6 million A-shares in Guotai Junan Securities Co Ltd, representing 0.07 percent of co’s total issued share capital, between Sept 25 and Sept 28

* Says it expects to receive investment gain of about 121.5 million yuan ($18.29 million) after transactions

Source text in Chinese: bit.ly/2fWh1dj

Further company coverage: ($1 = 6.6430 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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