BRIEF-Wuxi Rural Commercial Bank's 2016 profit up, plans convertible bonds

March 29 (Reuters) - Wuxi Rural Commercial Bank Co Ltd

* Says 2016 net profit up 7.1 percent y/y

* Says it plans to issue up to 3.0 billion yuan ($435.43

million) A-share convertible bonds

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($1 = 6.8897 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)