Brief: Huarong International Financial Says Beyond Steady Sold 98.5 Mln Shares Of Hk$0.01 Each In China Sandi Holding

XinKong International Capital Holdings

23/03/2020 15:18

March 23 (Reuters) - Huarong International Financial
Holdings Ltd  0993.HK :
    * BEYOND STEADY LTD SOLD 98.5 MILLION SHARES OF HK$0.01 EACH
IN
CHINA SANDI HOLDING TO KING WEALTH ASIA LTD FOR HK$30.0 MILLION
    * ESTIMATED THAT GROUP WILL RECORD A LOSS OF ABOUT HK$95
MILLION
FROM DISPOSALS IN 2020
    * OPTIMAL SUCCESS INCORPORATED BOUGHT 4.21% OF CHINA SANDI
HOLDINGS LTD FOR HK$65.3 MILLION

Source text for Eikon:  ID:nHKScLXVf 
Further company coverage:  0993.HK 

 ((Reuters.Briefs@thomsonreuters.com;))