TOPIC

/ company

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.

Chairman / President

Guo Guangchang

CEO / Managing Director

Xu Xiaoliang

CFO / Finance Director

Xu Xiaoliang

Industry

Conglomerate

Website

fosun.com

Headquarters address

Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong

Stock Code

SEHK:00656

Year founded

1992

Children learn snowboarding at Jiangjunshan International Ski Resort in Altay, in northwest China’s Xinjiang Uygur Autonomous Region, on December 1, 2025. Photo: Xinhua

Malaysia

Cold spots are hot tickets as southern Chinese head north to ski

Ski resorts record big visitor increases as high-speed rail and flight expansions bring in those who have tried the sport in indoor venues.

14 Dec 2025 - 12:30PM

China’s private sector

Fosun brings UK particle therapy to mainland China in advanced cancer care push

7 Nov 2025 - 7:30AM

Greater Bay Area

Greater Bay Area hospitals bet resort-like services will pull in global visitors

25 Oct 2025 - 10:47AM

Greater Bay Area

Unmet healthcare demand in Asia presents Chinese hospitals with opportunities

Fosun Health is targeting medical tourists from South Asia, Southeast Asia and the Middle East, CEO Frank Hu Hang says.

21 Oct 2025 - 2:53PM

Frank Hu Hang, chairman and CEO of Fosun Health, plans to expand healthcare services to others parts of Asia. Photo: Peggy Sito

Banking & finance

China’s brokerages told to pause RWA tokenisation business in Hong Kong: sources

Two brokerages were advised by the CSRC in recent weeks to refrain from conducting RWA business offshore, the sources said.

23 Sep 2025 - 3:37PMvideocam

Fintech

Jack Ma-backed Yunfeng names ex-Ant Group executive as top Web3 architect

Yunfeng’s appointment of Geoff Jiang Guofei reflects the company’s push into what it called ‘frontier areas’ such as Web3.

18 Sep 2025 - 7:00PM

New medical drugs

Fosun’s Henlius in talks with Johnson & Johnson, Roche on cancer drug

Shanghai Henlius Biotech is in talks with multinational pharmaceutical firms about selling them the rights to an experimental cancer drug.

16 Sep 2025 - 4:30PM

Fosun International’s Guo Guangchang. Photo: Thomas Yau

Blockchain

Fosun drives Hong Kong stock performance-linked tokens on blockchains

This initiative ‘shows where the future of capital markets is heading’, the CEO of Fosun partner Vaulta says.

5 Sep 2025 - 7:05PM

Hong Kong politics

Editorial | Mideast mission led by Lee highlights city role in national push

Hong Kong shows its strength as a ‘superconnector’ by reaching dozens of deals for city and mainland China concerns with Qatar and Kuwait.

15 May 2025 - 6:30AM

Health in China

Chinese pharmaceutical companies look abroad for growth markets

Shanghai Henlius struck a deal in Saudi Arabia while XtalPi signed a partnership with Sinar Mas Multiartha in Indonesia.

11 Nov 2024 - 7:01PM

Fosun’s Shanghai Henlius, Tecent-backed XtalPi ink partnership deals with Asian partners. Photo: Shanghai Henlius

Mergers & Acquisitions

China’s Fosun in talks to sell stake in Club Med to Singapore’s CapitaLand

The firm, part of Temasek Holdings-owned conglomerate CapitaLand Group, seeks to acquire from 20 to 30 per cent of the hotelier.

17 Sep 2024 - 4:52PM

Club Med’s Kiroro Peak resort, located in Hokkaido, Japan. Photo: Club Med

Hong Kong stock market

Club Med owner bets on winter sports in China amid skiing craze

‘Tourist attractions featuring snow and ice will be our major growth engine,’ says Fosun Tourism co-president Andrew Xu.

25 Aug 2024 - 2:30PM

Hong Kong stock market

Shanghai biotech firm’s shares soar after Fosun’s US$690 million buyout offer

Henlius joins a wave of companies that have left Hong Kong’s stock market this year, either through privatisation or voluntary delisting having found themselves undervalued.

25 Jun 2024 - 5:20PMvideocam

Mergers & Acquisitions

China’s Fosun International sells German private bank HAL to ABN Amro

The company, one of China’s largest private-sector conglomerates, aims to cut its debts by 10 billion yuan (US$1.38 billion) annually in the next two to three years.

28 May 2024 - 6:06PM

German private bank Hauck & Aufhauser Lampe (HAL) in Munich. The acquisition will increase ABN Amro’s assets by €26 billion (US$28 billion). Photo: Handout

Hong Kong

US law firm Mayer Brown to split its Hong Kong operations

Mayer Brown’s Hong Kong partners plan to reestablish their firm as Johnson Stokes & Master, which was the name of the Hong Kong-based entity that merged with Mayer Brown in 2008.

3 May 2024 - 10:24AM

International law firms are rethinking their operations in Hong Kong. Photo: Jelly Tse

Insurance

China’s Fosun sells stake in Belgian insurer Ageas to BNP Paribas

More divestments to come, analyst says, as conglomerate aims to cut debts by US$1.38 billion annually in the next two to three years.

15 Apr 2024 - 6:00PM

Banking & finance

Chinese conglomerate Fosun dumps noncore assets, deleverages to boost financial profile

Chinese conglomerate Fosun International is rapidly offloading assets as it looks to lower debt and concentrate on sustainable businesses

28 Mar 2024 - 3:46PM

China property

Fosun unit courts investors days after reports of debt woes at parent firm

Fosun Tourism Group, the leisure and tourism unit of Chinese conglomerate Fosun International, is courting both domestic and international investors in a move that is in line with its asset-light strategy.

15 Mar 2024 - 8:15PMvideocam

Visitors are seen at the Temple of Heaven in Beijing during the Lunar New Year holiday in this file photo from last month. Travel demand remains strong among high wage earners in China, and Fosun Tourism’s hotel and resort assets will be good acquisitions because they can generate stable and long-term returns, according to an industry insider. Photo: EPA-EFE

China property

Fosun unit says it is ‘financially sound’ amid Atlantis Sanya stake sale reports

Fosun Tourism Group, the leisure and tourism unit of Fosun International, said on Wednesday that it is “financially sound”, amid reports that its parent firm is mulling the sale of a stake in the luxury resort to cope with debt.

6 Mar 2024 - 9:05PM

Electric & new energy vehicles

Exclusive | Chinese AI logistics firm picks Hong Kong for international headquarters

Westwell, which makes AI chips and autonomous vehicles for the logistics industry, inaugurates on Tuesday its international headquarters in Hong Kong as a springboard to global expansion.

20 Feb 2024 - 7:30AM

China's economic recovery

China’s ‘days of runaway growth have gone’, firms urged to thrive overseas

Fosun Group founder Guo Guangchang says China’s private firms have suffered from high debt and heavy asset loads, while Juneyao Group chairman Wang Junjin says entrepreneurs should ‘refuse lying flat’.

16 Jan 2024 - 8:00AM

China is widely believed to have reached its annual economic growth target of around 5 per cent for 2023, despite many sectors calling for more policy support to help them weather a host of challenges. Photo: EPA-EFE

Medicine

Fosun Pharma to deliver China-made surgical robots in key medical milestone

The Fosun Group is looking to make another major leap in the healthcare industry as it prepares to deliver locally-made surgical robots to hospitals.

12 Nov 2023 - 4:14PMvideocam

Visitors looking at Fosun Pharma’s locall-produced Da Vinci surgical system in the Medical Equipment and Healthcare Exhibition Area during the CIIE 2023 Expo in Shanghai on November 6. Shanghai, China. Photo: Future Publishing via Getty Images

China stock market

China’s hotel operators relish National Day windfall on pent-up holiday demand

The eight-day National Day holiday season promises to deliver a windfall for China’s tourism industry. Pent-up demand could overwhelm capacity, allowing hotel operators to raise prices by as much as 10 times, some of them said.

4 Sep 2023 - 9:00AMvideocam

International Property

Hongkongers head for ski slopes, bucket-list spots as travel rebounds: Club Med

The resort operator, owned by Fosun Tourism, said people are now spending 23 per cent more and staying 10 per cent longer than they did before the pandemic.

4 Sep 2023 - 11:18AMvideocam

Tourism

Fosun Tourism’s Club Med to build resorts in Hainan as Chinese tourists return

Club Med aims to build one or two more resorts in Hainan province, most likely in major cities such as Sanya and Wenchang, while parent Fosun Tourism is optimistic about posting a profit after back-to-back losses in 2021 and 2022.

21 Apr 2023 - 8:30AMvideocam

Chinese tourists at a beach in Sanya, Hainan province. The end of travel restrictions is likely to boost the fortunes of travel companies in China. Photo: Visual China Group via Getty Images