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Press Releases |
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Monday, July 29, 2024 |
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Fosun's Path to Globalization Cultivates Scarce Capabilities |
'Go global or go home.' Today, globalization is an inevitable path for Chinese enterprises to succeed. There are two paths to globalization: one focuses on cost-effectiveness, exporting products, services or production capacity. The other, chosen by Fosun International (HKEX: 0656), is to become a truly global enterprise with a global vision - global presence, global operation and global development. more info >> |
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Friday, July 5, 2024 |
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No Offshore Bonds Maturing in the Next 15 Months after Fosun Pays Off its USD600 Million Bond in July |
On 2 July, Fosun International (HKEX: 0656) successfully paid off USD600 million maturing US dollar bond. With this repayment, Fosun has now fulfilled all of its offshore bonds obligations due this year, and has no offshore bonds maturing in the next 15 months. more info >> |
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Thursday, June 20, 2024 |
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Fosun's Replicable Global Operational Capabilities Poised for Robust Revaluation |
Amid the recovery in the Hong Kong stock market, Fosun International (HKEX: 00656) has recently attracted significant attention from the market. more info >> |
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Friday, June 7, 2024 |
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Fosun's Global Operational Prowess Forged through Years of Dedication in HAL |
On 28 May, Fosun International issued an announcement on the Hong Kong Stock Exchange announcing the sale of 99.743% of its subsidiary's shares in the German private bank, Hauck Aufhauser Lampe Privatbank AG (HAL), to ABN AMRO Bank for a total consideration of approximately EUR670.3 million. more info >> |
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Friday, May 31, 2024 |
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It's time to get a better look at Fosun |
Over the past few years, many Chinese corporations undergoing transformation and upgrading have experienced a rare "double whammy" in the capital market, pressured by both broader market conditions and their internal challenges. more info >> |
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Tuesday, May 28, 2024 |
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Fosun Sells German Private Bank HAL and Retains HAFS Asset Servicing Business, Aligns with its Asset-Light Strategy |
more info >> |
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Tuesday, April 23, 2024 |
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Citi, UBS, GS view positive on Fosun's core business-focused strategy |
Fosun International (HKEX: 0656) has recently received bullish recommendations from multiple investment banks after announcing its 2023 annual results. On 12 April 2024, Goldman Sachs (GS) issued a research report stating that Fosun's industrial operation profit reached RMB4.9 billion, up by approximately 20% year-on-year compared to 2022; profit attributable to shareholders of the parent company reached RMB1.38 billion. more info >> |
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Thursday, March 28, 2024 |
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Fosun's Next Step: "Deep Mining" for Stable Profits |
On 27 March 2024, Fosun International (HKEX: 0656) announced its 2023 annual results. During the Reporting Period, Fosun's total revenue amounted to RMB198.2 billion, representing a year-on-year increase of 8.6%; profit attributable to owners of the parent was RMB1.38 billion, representing a significant year-on-year growth. more info >> |
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Thursday, October 5, 2023 |
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The Story of Fosun and the Nobel Prize |
Following pioneering breakthroughs in basic science, companies are often needed to carry out technological innovation and commercialization to turn scientific breakthroughs into products that improve the living conditions of mankind. more info >> |
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Tuesday, September 5, 2023 |
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Fosun International Announces 2023 Interim Results: Leveraging Innovation to March Towards High-quality Development |
In the first half of 2023, as the economy and society fully returned to normalcy, macroeconomic policies started to take effect, and the national economy witnessed recovery and growth, China's gross domestic product (GDP) reached RMB59,303.4 billion, representing a year-on-year increase of 5.5%. more info >> |
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More Press release >> |
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