KuangChi says parent invests $600 million for 1.88 percent of Unicom

HONG KONG (Reuters) - KuangChi Science Ltd said its parent has invested 4 billion yuan ($600.3 million) in a 1.88 percent stake in China United Network Communications Ltd, becoming one of its strategic investors under a mixed ownership reform plan.

from Reuters: Technology News http://ift.tt/2wylJag