Fosun Tourism, a recently spun off unit of Hong Kong-listed Fosun International filed proof of an IPO application with the Hong Kong stock exchange on Monday that revealed the latest step in what the company is said to plan as… Read More>>
At the top of the news, Fosun’s Guo Guangchang says China’s clampdown on some of the country’s biggest buyers of overseas assets is a necessary measure to deal with “irrational investment” – which presumably doesn’t include his own firm’s recent… Read More>>
China’s debt threat is competing for investor attention with booming markets in Singapore and Australia today as a UK investor’s Asia fund picks up an office block in Brisbane and HNA’s partners around the world wait to see if their… Read More>>
Fosun CEO Liang Xinjun is leaving the company he co-founded more than 25 years ago with four of his school buddies, as revealed by an unexpected announcement in Hong Kong today by Guo Guangchang, the billionaire chairman of the Shanghai-based… Read More>>
Putin’s best-known billionaire admirer is about to step into the White House and just in case Russia wasn’t being sent enough love, one of China’s best known tycoons just gave the country his own $168 million vote of confidence.
Guo… Read More>>
Fosun International is entering the Indian property market and plans to invest nearly $1 billion through a real estate platform it is setting up on the sub-continent, according to India’s Economic Times. If completed, this would be the second major… Read More>>
Things must be getting more challenging in Hong Kong, as the city’s richest man seems to be reconsidering his outlook on the mainland, after selling several properties there. Plus, Fosun’s Guo Guangchang says he can help foreign retailers jump over… Read More>>
China’s Fosun International, is preparing to close a £300 million ($426.4 million) deal for a London office complex, according to a report today in Reuters.
Should the deal for Thomas More Square, a 566,000 square foot (52,500 square metre) tower… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Fosun’s Guo Guangchang Reappears – Then Vanishes Again
Following a weekend of speculation about one of China’s most famous businesses executives,… Read More>>
Guo Guangchang, chairman of China’s largest private investment conglomerate, Fosun International, was reportedly detained by police yesterday amid a deepening anti-graft campaign.
Fosun made headlines internationally in 2013 by purchasing Chase Manhattan Plaza in New York for $725 million, and… Read More>>