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Yonyou Network Technology Co Ltd (600588.SS)

600588.SS on Shanghai Stock Exchange

23.60CNY
7 Dec 2016
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Thu, Nov 17 2016

BRIEF-Yonyou Network Technology to set up private bank in Beijing with 10 partners

* Says it plans to invest 1.19 billion yuan ($173.22 million) to set up private bank in Beijing with 10 partners

BRIEF-Yongyou Network plans buyout fund with partners, to invest in payment platform firm

* Says it and partners plan to set up buyout fund worth 12.25 billion yuan ($1.81 billion)

BRIEF-Yongyou Network Technology to set up internet technology jv

* Says it to set up an internet technology jv with China State Construction Engineering Corp Ltd and Chinese Construction Third Engineering Bureau Ltd

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