February 7, 2018 / 8:42 AM / in 5 months

BRIEF-Soochow Securities' New Borrowings Exceeded 20 Pct Of Company's Net Assets End-2017

Feb 7 (Reuters) - Soochow Securities Co Ltd:

* SAYS NEW BORROWINGS TOTALLING 4.5 BILLION YUAN ($718.95 million) AS OF JAN 31, EXCEEDS 20 PERCENT OF NET ASSETS END-2017

* SAYS THE NEW BORROWINGS DO NOT HAVE NEGATIVE IMPACT TO COMPANY'S OPERATION Source text in Chinese: bit.ly/2nHA4M7 Further company coverage: ($1 = 6.2591 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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