• Thu
  • Sep 18, 2014
  • Updated: 8:53pm

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. 

Investment firm Fosun shopping overseas for insurance firms

Fosun International will use its Portuguese insurance firms' kitty of €12.6 billion (HK$128.9 billion) to invest in property and stocks in Organisation of Economic Cooperation and Development countries to reduce its gearing ratio.

Thursday, 28 August, 2014, 4:10am

Fosun shrugs off debt concerns as it looks for more overseas acquisitions

Fosun International is determined to stay on the hunt for acquisitions, brushing off ratings agency concerns that debt-fuelled overseas investments are hurting the conglomerate's financial health.

23 Aug 2014 - 1:29am 1 comment

Fosun acquires 20pc of Ironshore for US$463.83m as it continues insurance push

Fosun International is acquiring a 20 per cent stake in Ironshore for about US$463.83 million.

18 Aug 2014 - 10:04am

Fosun’s debt-fuelled shopping spree worries analysts

A HK$20 billion overseas spending spree by China's biggest privately owned conglomerate, Fosun International, is raising red flags among analysts.

6 Aug 2014 - 2:27am

The making of tycoon Guo Guangchang

When three graduates from Shanghai's prestigious Fudan University set up a small venture about two decades ago, they probably never expected the company would become an icon of the mainland's fast-growing private businesses sector.

7 Nov 2012 - 11:18am

Talking points

Our editors will be looking ahead today to these developing stories ...

Police to hold half-yearly briefing on crime

15 Aug 2012 - 10:50pm

Fight over Bund commercial site headed to court

The prime location of the last remaining commercial land parcel on The Bund in Shanghai was a guarantee that when the vacant 45,500 square metre site on the banks of the Huangpu River came up for auction, the bidding would be fierce.

6 Jun 2012 - 12:00am

Mainland insurer ready to relaunch IPO in HK

People's Insurance Co of China (PICC), one of the mainland's largest insurers, is the latest mainland major planning to go public in Hong Kong.

Chairman Wu Yan said he expected to complete a massive fund-raising this year. Reuters quoted him as saying the insurer was speeding up preparations for a dual Hong Kong-Shanghai listing.

13 Mar 2012 - 12:00am

Big share offerings expected to hit soon

The market is holding its breath in anticipation of several huge initial public offerings, including one by Haitong Securities, materialising in the next two months.

13 Mar 2012 - 12:00am

Market surge prompts firms to revive IPOs

Investment bankers are trying to revive at least four substantial initial public offerings that were called off late last year because of weak market sentiment as the market is showing signs of recovery.

The four companies include Haitong Securities and XCMG Construction Machinery.

9 Feb 2012 - 12:00am

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