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BRIEF-Zhejiang Huatong Pharmaceutical to issue convertible bonds, scraps a private placement
August 31, 2017 / 10:36 AM / 3 months ago

BRIEF-Zhejiang Huatong Pharmaceutical to issue convertible bonds, scraps a private placement

Aug 31 (Reuters) - Zhejiang Huatong Pharmaceutical Co Ltd

* Says it plans to issue up to 224 million yuan ($33.94 million) convertible bonds

* Says it scraps share private placement proposal announced in 2016

Source text in Chinese: bit.ly/2eln0Ha; bit.ly/2vMiGXY

Further company coverage: ($1 = 6.5998 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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