U.S. Markets open in 5 hrs 33 mins

BRIEF-Bank Of Communications To Set Up Branch In Melbourne, Unit To Boost Finance Leasing Firm's Capital

Feb 1 (Reuters) - Bank of Communications Co Ltd :

* SAYS IT PLANS TO SET UP BRANCH IN MELBOURNE, AUSTRALIA

* SAYS UNIT PLANS TO BOOST CAPITAL OF FINANCE LEASING SUBSIDIARY BY 7.0 BILLION YUAN ($1.11 billion)TO 8.5 BILLION YUAN Source text in Chinese: http://bit.ly/2GAEQmB; http://bit.ly/2nrxQjX Further company coverage: ($1 = 6.2930 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)