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BRIEF-Xinhu Zhongbao to issue debt financing tools, owner buys shares
April 6, 2017 / 11:00 AM / 8 months ago

BRIEF-Xinhu Zhongbao to issue debt financing tools, owner buys shares

April 6 (Reuters) - Xinhu Zhongbao Co Ltd

* Says board plans to issue up to 9 billion yuan ($1.30 billion) debt financing instruments

* Says company owner Huang Wei has bought 150 million shares in the company, equivalent to 1.7 percent of total issued share capital between March 9 and 24

Source text in Chinese: bit.ly/2oMsj6T; bit.ly/2p4ISdi

Further company coverage: ($1 = 6.8975 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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