Fosun executive director and chairman Guo Guangchang has been leading a push to cash out of hard assets and reduce leverage. Photo: Edward Wong

Fosun International pivots from asset buyer to seller in bid to lower leverage

Insurance-to-tourism conglomerate Fosun International, controlled by billionaire Guo Guangchang, cashes out of several businesses in effort to lower debt

Topic |   Fosun Group

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Fosun executive director and chairman Guo Guangchang has been leading a push to cash out of hard assets and reduce leverage. Photo: Edward Wong
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