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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 has hired J.P. Morgan, CLSA, and Citi as joint sponsors for the IPO of its tourism and hotel unit which operates Club Med. An image of Club Med's Finolhu Villas in the Maldives. Photo: Photo: SCMP

Fosun’s Club Med unit says it has filed for US$1 billion Hong Kong IPO

Chinese conglomerate Fosun International has filed to spin off its tourism and hotels unit, which owns the French holiday resort chain Club Med, into a separate listing in Hong Kong that could raise up to US$1 billion, according to a source familiar with the matter.