BRIEF-Shanghai Jin Jiang Hotels to scrap bond issue due to current economic situation

March 7 Fri Mar 7, 2014 4:44am EST

March 7 (Reuters) - Shanghai Jin Jiang International Hotels Development Co Ltd

* Says to scrap bond issue plan as it is unable to help reduce financing costs due to current economic situation

Source text in Chinese: link.reuters.com/net47v

Further company coverage: (Reporting by Hong Kong and Singapore newsrooms)

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