The logo of Chinese conglomerate Fosun seen on top of a building in Beijing. Photo: AFP
The logo of Chinese conglomerate Fosun seen on top of a building in Beijing. Photo: AFP

Fosun International sells assets amid credit rating cuts and liquidity concerns

  • Recent exchange filings show several stake sales that have helped raise about US$100 million in cash
  • Moody’s and S&P have downgraded Fosun’s creditworthiness this quarter amid looming debt maturity and liquidity challenges

The logo of Chinese conglomerate Fosun seen on top of a building in Beijing. Photo: AFP
The logo of Chinese conglomerate Fosun seen on top of a building in Beijing. Photo: AFP
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