Singapore markets open in 7 hours 57 minutes

BRIEF-Shares Held By Zhejiang Julu Culture Development's Shareholder To Be Auctioned By Court

April 19 (Reuters) - Zhejiang Juli Culture Development Co Ltd:

* SAYS COURT TO AUCTION SHAREHOLDER'S 50 MILLION SHARES ON ALIBABA'S PLATFORM WITH BIDDING PRICE STARTING AT 112.01 MILLION YUAN ($16.71 million) Source text in Chinese: Further company coverage: ($1 = 6.7037 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)