May 21, 2020 / 7:48 AM / 10 days ago

BRIEF-Zhejiang Cheng Yi Pharmaceutical Plans To Buy Stake In Pharma Firm For Up To 219 Mln Yuan

May 21 (Reuters) - Zhejiang Cheng Yi Pharmaceutical Co Ltd :

* SAYS IT PLANS TO BUY UP TO 35% STAKE IN PHARMACEUTICAL FIRM FOR UP TO 219 MILLION YUAN ($30.85 million) Source text in Chinese: bit.ly/2LI55LM Further company coverage: ($1 = 7.0990 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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