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BRIEF-Jiangsu Hongtu High Technology plans acquisitions for 3.5 bln yuan

April 8 (Reuters) - Jiangsu Hongtu High Technology Co Ltd

* Says it plans to buy auction house, information technology firm for a combined 3.5 billion yuan ($541.13 million) via cash, share issue

* Says it aims to raise up to 1.5 billion yuan in private placement of shares to fund acquisition, projects

Source text in Chinese: bit.ly/1S7t3j7

Further company coverage: ($1 = 6.4680 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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