BRIEF-Xinming China Expected To Record Loss Of Not More Than Rmb20 Mln For Year

March 20 (Reuters) - Xinming China Holdings Ltd:

* EXPECTED TO RECORD A LOSS OF NOT MORE THAN RMB20 MILLION FOR YEAR

* EXPECTED TO RECORD A LOSS OF NOT MORE THAN RMB20 MILLION FOR YEAR

* SEES FY LOSS OF NOT MORE THAN RMB20 MILLION

* EXPECTED RESULT DUE TO SIGNIFICANT DECREASE IN PROPERTIES SALES FROM HANGZHOU XINMING Source text for Eikon: Further company coverage: