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BRIEF-Zhejiang Int'l Group scraps asset acquisition, plans bond issue
February 7, 2017 / 11:51 AM / 10 months ago

BRIEF-Zhejiang Int'l Group scraps asset acquisition, plans bond issue

Feb 7 (Reuters) - Zhejiang Int‘l Group Co Ltd

* Says to withdraw asset acquisition application from securities regulator

* Says it plans to issue up to 600 million yuan ($87.18 million) bonds

Source text in Chinese: bit.ly/2jXOHGt; bit.ly/2kmDhQk

Further company coverage: ($1 = 6.8825 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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