BRIEF-China Fortune Land Development Plans Investment Of Up To 95 Bln Yuan In 2020 For Units

Dec 4 (Reuters) - China Fortune Land Development Co Ltd :

* SAYS BOARD APPROVES INVESTMENT OF UP TO 95 BILLION YUAN ($13.50 billion) IN 2020 FOR SETTING UP UNITS OR INCREASING INVESTMENT IN UNITS Source text in Chinese: Further company coverage: ($1 = 7.0389 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)