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BRIEF-First shanghai investments updates on formation of the JV company
December 29, 2016 / 2:39 PM / a year ago

BRIEF-First shanghai investments updates on formation of the JV company

Dec 29 (Reuters) - First Shanghai Investments Ltd

* JV co will be principally engaged in securities brokerage, underwriting and sponsor services, proprietary trading

* Co will finance its capital contribution to jv company of rmb150 million by internal resources

* Unit entered jv agreement with China Kweichow Moutai, Huakang Insurance, Black Marble Securities, Shijiazhuang Changshan Textile,Zhuhai Zhengbang Logistics

* Registered capital of jv company is expected to be RMB2 billion Source text for Eikon: Further company coverage:

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