Asia
Xinhua Media to Apply Annual Credit of Up to 4 Billion Yuan; Shares Down 4%
Anhui Xinhua Media (SHA:601801) plans to apply for an annual comprehensive credit line of up to 4 billion yuan to fund its business needs, according to a Shanghai bourse filing on Thursday.The final credit limit is subject to the bank's approval.The media company's shares dropped 4% in afternoon trade Thursday.
SHA:601801