The headquarters of Fosun International in Shanghai. The company is selling 26 real estate firms to affiliate Shanghai Yuyuan. Photo: Reuters

Shares of China’s Fosun rise after deal to sell 26 firms to affiliate

The conglomerate says the all-share transaction will unlock value and allow it to better allocate resources and plan strategy

Topic |   Fosun Group

TOP PICKS

The headquarters of Fosun International in Shanghai. The company is selling 26 real estate firms to affiliate Shanghai Yuyuan. Photo: Reuters
READ FULL ARTICLE