BRIEF-Xiangxue Pharmaceutical Plans To Raise Up To 1.4 Bln Yuan In Private Placement Of Shares

March 19 (Reuters) - Xiangxue Pharmaceutical Co Ltd :

* SAYS IT PLANS TO RAISE UP TO 1.4 BILLION YUAN ($196.94 million) IN PRIVATE PLACEMENT OF SHARES TO FUND PROJECTS, REPLENISH CAPITAL Source text in Chinese: Further company coverage: ($1 = 7.1088 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)