BRIEF-Gree Electric Increases Holdings In Shanghai Highly Group To 10 Pct Stake

July 4 (Reuters) - Gree Electric Appliances Inc of Zhuhai :

* SAYS IT HAS BOUGHT 43.5 MILLION SHARES IN SHANGHAI HIGHLY GROUP BETWEEN APRIL 23 AND JULY 4

* SAYS ITS HOLDINGS IN SHANGHAI HIGHLY INCREASED TO 10 PERCENT Source text in Chinese: https://bit.ly/2lVX74K Further company coverage: (Reporting by Hong Kong newsroom)