December 1, 2016 / 8:50 AM / a year ago

BRIEF-Citic Guoan Wine to sell stake in equity investment JV, to boost wine subsidiary's capital

Dec 1 (Reuters) - Citic Guoan Wine Co Ltd

* Says it plans to sell entire stake in equity investment JV for 163 million yuan ($23.64 million)

* Citic guoan wine says it plans to boost wine subsidiary’s capital by 105 million yuan to 150 million yuan

Source text in Chinese: bit.ly/2gNROzB; bit.ly/2fHJ1TW

Further company coverage: ($1 = 6.8938 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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