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BRIEF-Guangdong Homa Appliances to invest in micro credit firm, CZ Bank
September 18, 2017 / 9:48 AM / 2 months ago

BRIEF-Guangdong Homa Appliances to invest in micro credit firm, CZ Bank

Sept 18 (Reuters) - Guangdong Homa Appliances Co Ltd

* Says it and partner plan to boost capital at micro credit firm by 150 million yuan ($22.85 million) to 650 million yuan

* says it plans to invest up to 478.2 million yuan in CZ Bank for up to 9.9 percent stake

Source text in Chinese: bit.ly/2wAttokbit.ly/2jC5S5D

Further company coverage: ($1 = 6.5645 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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