Brief: YTO Express or unit to acquire stake in on Time Logistics

YTO International Express and Supply Chain Technology

08/05/2017 13:10

May 8 (Reuters) - YTO Express Group Co Ltd  600233.SS  
    * Says it or unit plans to acquire 61.87 percent stake in on 
time logistics  6123.HK  for HK$1.04 billion  ($133.60 million) 
 
 
    Source text in Chinese: http://bit.ly/2pcoOdG 
    Further company coverage:  600233.SS  
 
($1 = 7.7846 Hong Kong dollars) 
 
 (Reporting by Hong Kong newsroom) 
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