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Fosun Group

Fosun International (Hong Kong stock code 00656.HK), the parent of Fosun Group, listed in Hong Kong in July 2007. Fosun Group said it mainly invests in sectors that will significantly benefit from growth in China’s domestic demand, such as consumption, financial services, resources and energy, and manufacturing. 

Fosun chairman Guo Guangchang (centre) says the company aims to build an integrated health-care system in China. Photo: May Tse

Fosun targets health care after 21.4pc jump in first-half profit

Guo Guangchang, known as China’s Warren Buffett, said on Wednesday that his conglomerate Fosun International is putting health care higher up on its business agenda while slamming the country’s burgeoning peer-to-peer lending industry as “by and large a fraud”.