May 13, 2020 / 1:12 AM / 24 days ago

BRIEF-Hillhouse Capital To Invest 2.3 Bln Yuan In Asymchem Laboratories Tian Jin As Strategic Investor

May 13 (Reuters) - Asymchem Laboratories Tian Jin Co Ltd :

* SAYS IT IS IN DEAL TO RAISE UP TO 2.3 BILLION YUAN ($324.79 million) BY SELLING 18.7 MILLION SHARES TO HILLHOUSE CAPITAL MANAGEMENT PTD LTD AT 123.56 YUAN PER SHARE Source text in Chinese: bit.ly/2T24CrJ ; bit.ly/3cvtOys Further company coverage: ($1 = 7.0816 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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