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BRIEF-Zhongtian Financial to buy 21-25 pct stake in Huaxia Life Insurance
November 20, 2017 / 12:29 PM / in 22 days

BRIEF-Zhongtian Financial to buy 21-25 pct stake in Huaxia Life Insurance

Nov 20 (Reuters) - Zhongtian Financial Group Co Ltd

* Says it signs framework agreements with two shareholders of Huaxia Life Insurance to buy 21-25 percent stake in the insurance firm by cash for up to 31.0 billion yuan ($4.68 billion)

Source text in Chinese: bit.ly/2zTrX67

Further company coverage: ($1 = 6.6296 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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