Fosun International Expects One-off Negative Impact to be Cleared and Businesses to Bound Back in 2023

HONG KONG, Jan 21, 2023 – (ACN Newswire via SEAPRWire.com) – On 20 January 2023, Fosun International Limited (“Fosun International” or “Fosun”, HKEX: 00656) issued a profit warning announcement on the Hong Kong Stock Exchange, mentioning that based on the information available to the Board and the latest unaudited consolidated management accounts of the Group […]

Fosun Receives RMB12 Billion Syndicated Loan to Consolidate Capital for Business Development

HONG KONG, Jan 17, 2023 – (ACN Newswire via SEAPRWire.com) – On 16 January 2023, Fosun High Technology, the domestic operating entity of Fosun International Limited (“Fosun International”, HKEX: 00656), and eight domestic banks held a syndicated loan signing ceremony at the Bund Finance Center, Shanghai. According to the agreement, Industrial and Commercial Bank of […]

The Logic Behind Fosun’s “Weight-loss” Actions: To Focus on the Core Businesses and Deepen Innovation and Globalization

HONG KONG, Nov 16, 2022 – (ACN Newswire via SEAPRWire.com) – Over the past few months, successive “Weight-loss” actions by Fosun International (HKEX: 00656) have come under the spotlight in the capital market. On the evening of 6 November 2022, Yuyuan Inc., a subsidiary of Fosun International, announced its proposal to transfer 654 million shares, […]

Activation Group Forms Strategic Alliance with Fosun Fashion Group

HONG KONG, Apr 28, 2021 – (ACN Newswire via SEAPRWire.com) – A provider of integrated marketing solutions in Greater China, Activation Group Holdings Limited (“Activation” or the “Company”, collectively, the “Group”, HKEX: 9919.HK) today announced a strategic alliance with Fosun Fashion Group (Cayman) Limited (“Fosun Fashion Group” or “FFG”), a subsidiary of Fosun International Limited […]