June 30, 2017 / 8:52 AM / 5 months ago

BRIEF-Jiuzhitang to invest 300 mln yuan to set up buyout fund worth up to 1.5 bln yuan

June 30 (Reuters) - Jiuzhitang Co Ltd

* Says it plans to invest 300 million yuan ($44.24 million) to set up buyout fund worth up to 1.5 billion yuan

Source text in Chinese: bit.ly/2snwbRd

Further company coverage: ($1 = 6.7805 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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