BRIEF-Jinhong Holding To Sell Stakes In 17 Firms For About 1.66 Bln Yuan

Aug 15 (Reuters) - Jinhong Holding Group Co Ltd:

* SAYS IT PLANS TO SELL STAKES IN 17 FIRMS FOR ABOUT 1.66 BILLION YUAN ($235.80 million) Source text in Chinese: Further company coverage: ($1 = 7.0398 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)