BRIEF-Bank of Guiyang to raise up to 5 bln yuan in preference shares issue

March 6 (Reuters) - Bank Of Guiyang Co Ltd

* Says it plans to raise up to 5.0 billion yuan ($725.16

million) via preference shares issue

* Says proceeds will be used to boost tier 1 capital

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($1 = 6.8950 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)