BRIEF-Shenzhen Expressway's 2016 net profit down 24.7 pct, to issue financing instruments

March 17 (Reuters) - Shenzhen Expressway Co Ltd

* Says 2016 net profit down 24.7 percent y/y at 1.2 billion

yuan ($173.80 million)

* Says it plans to issue financing instruments worth up to

10 billion yuan

Source text in Chinese: http://bit.ly/2mPMujq;

http://bit.ly/2mPRSTO

Further company coverage:

($1 = 6.9046 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)