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United States

China United Travel Co Ltd (600358.SS)

600358.SS on Shanghai Stock Exchange

5.98CNY
14 Feb 2018
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Fri, Feb 9 2018

BRIEF-China United Travel Says Securities Regulator Rejects Its Asset Acquisition Proposal

* SAYS SECURITIES REGULATOR REJECTS ITS ASSET ACQUISITION PROPOSAL Source text in Chinese: http://bit.ly/2slHtFQ Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-China United Travel says unit to set up equity investment fund worth totaling 1 bln yuan

* Says its unit plans to set up a sports and entertainment industrial equity investment fund worth totaling 1 billion yuan, with partners

BRIEF-Regulator Rejects China United Travel's Asset Restructuring Proposal

* SAYS SECURITIES REGULATOR REJECTS ITS ASSET RESTRUCTURING PROPOSAL, SHARE TRADE TO RESUME ON JAN 11 Source text in Chinese: http://bit.ly/2CPpwAs Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-China United Travel invests 60 mln yuan and sets up culture development JV in Hebei

* Says it invested 60 million yuan and set up culture development JV in Hebei with partner

BRIEF-China United Travel to sell hot spring unit for 299 mln yuan

* Says it will sell all shares of hot spring unit for 299 million yuan

BRIEF-China United Travel plans to acquire sports company via cash, share issue

* Says it plans to acquire shanghai sports company for 495.0 million yuan ($75.89 million) via cash, share issue

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