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UPDATE 1-China’s CATL, Ant Financial and Hellobike set up e-bike battery firm

China’s Contemporary Amperex
Technology Co Ltd (CATL), Ant Financial Services
and Hellobike said on Wednesday they will invest 1
billion yuan ($144.60 million) to establish a electric bicycle
battery joint venture.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/hq1n6QGe70I/update-1-chinas-catl-ant-financial-and-hellobike-set-up-e-bike-battery-firm-idUSL4N23J215