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Wikipedia

Fosun International

November 07, 2023

"Fosun" redirects here. For other uses, see Fosun (disambiguation).

Fosun International Limited is a Chinese multinational conglomerate holding company.[4] Founded in 1992 by Guo Guangchang and four others, the company is headquartered in Shanghai and was incorporated in Hong Kong in 2004. Its Co-CEOs are Chen Qiyu and Xu Xiaoliang. Wang Qunbin joined Guo Guangchang as co-chairman in early 2020.[5] The company is located in 16 countries and is one of the largest privately owned conglomerates in China. It was ranked 371st on the Forbes Global 2000 ranking in 2020.[6]

Fosun International Limited
TypePublic
SEHK: 656
IndustryConglomerate
Founded
  • 1992 (1992) (predecessor)
  • 1994 (1994) (as Fosun Hi-tech)
  • 24 December 2004 (2004-12-24) (as Fosun Intl.)
Founder
Headquarters
  • Shanghai, China
  • Hong Kong (registered office)
Key people
  • Co-Chairman: Guo Guangchang
  • Co-Chairman: Wang Qunbin
  • Co-CEO: Chen Qiyu
  • Co-CEO: Xu Xiaoliang
ServicesDiversified Investments
RevenueUS$25.4 billion[1][2] (2021)
US$1.6 billion[1][2] (2021)
Total assetsUS$126.48 billion[1] (2021)
Number of employees
71,000[3] (2019)
ParentFosun International Holdings
Chinese name
Simplified Chinese复星国际有限公司
Traditional Chinese復星國際有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinFùxīng Guójì Yǒuxiàn Gōngsī
Fosun International
Simplified Chinese复星国际
Traditional Chinese復星國際
Transcriptions
Standard Mandarin
Hanyu PinyinFùxīng Guójì
Websiteen.fosun.com

History edit

1990s edit

Fosun Group was founded in 1992 as the Guangxin Technology Development Company by five graduates[7] of Fudan University in Shanghai:[8] Guo Guangchang,[9] Liang Xinjun,[10] Wang Qunbin[11] (Chinese: 汪群斌), Fan Wei[12] (Chinese: 范伟), and Tan Jian (Chinese: 谈剑).[9] Fosun started its business by doing market research.[13] The major holding company of the group, Fosun High Technology, was incorporated in 1994 in mainland China. Then Fosun extended its business into the healthcare industry (as Fosun Pharmaceutical),[14] real estate,[15][16] and steel etc.[17][18]

2000s edit

In 2004, a new holding company of the group, Fosun International Limited was incorporated in Hong Kong. In July 2007, Fosun International was listed on the main board of the Stock Exchange of Hong Kong as SEHK:656.[19][20]

2010s edit

During 2011, the three major growth engines of Fosun, industrial profits, investment profits and asset management profits rose rapidly, enabling Fosun to make strides toward its vision of becoming "a premium investment group with a focus on China's growth momentum".[21]

From 2010 through 2015, Fosun spent billions buying foreign firms in the healthcare, tourism, fashion, and banking industries in the US and Europe. These included France's Club Med, Britain's Thomas Cook Group,[22] Canada's Cirque du Soleil,[23] American clothing label St John, and Greek jeweler Folli Follie.[24][25] At the end of 2014 Fosun acquired the US insurer Meadowbrook for around $433 million, marking the first full purchase of a US insurer by a Chinese company.[26] Fosun also purchased Australian oil company Roc Oil, its first acquisition in the petroleum industry.[27]

On 11 December 2015, the chairman of Fosun, Guo Guangchang, was reported missing. Guo however reappeared on 14 December 2015 at a Fosun board of directors meeting. During his disappearance, Fosun requested that trading of shares be temporarily suspended.[28] The Fosun board of directors issued a statement saying that Guo was assisting in a government inquiry which, in their opinion, did not present a “material adverse impact” on Fosun's finances or operations.[29]

On 21 July 2016, it was confirmed that Fosun had bought the English football club Wolverhampton Wanderers from its previous owner Steve Morgan for an estimated £45 million. Under Fosun's ownership, Wolves have progressed from being a mid table side in the Football League Championship (second tier of English football) to finishing seventh in the FA Premier League, reaching an FA Cup semi-final and qualifying for the UEFA Europa League.[30][31][32]

In 2016 Fosun began to invest in India.[33] “Delhivery” was one such investment made in 2017,[34] in addition to previous investments in MakeMyTrip, India's largest online travel company and Gland Pharma.[35] Fosun is also involved in the Indian real estate market.[36]

On 28 August 2019, Thomas Cook Group announced that the group "had agreed the main terms of a rescue package that will see Hong Kong’s Fosun Tourism take over its tour operations and creditor banks and bondholders acquire its airline"[37]

In early November 2019, Fosun said it would purchase the Thomas Cook brand for £11m. The company viewed itself as a "potential saviour" by purchasing the name.[38]

2020s edit

In March 2020, the company acquired a 55.4% equity interest in French jewelry brand Djula.[39] They also signed an agreement in July 2020 with a high-end Italian jewelry group to develop the Damiani and Salvini brands in China.[40] In August 2020 the company bought a 30% stake in Jinhui Liquor for $262 million.[41]

In 2022, after has been severely hit by the effects of the COVID-19 pandemic and China's extreme lockdown policies, the Shanghai-based conglomerate divested many of its key assets to avoid defaulting on its short-term debts. By October 2022, Fosun announced that it would sell as much as $11 billion of assets within the next 12 months, amid efforts to bolster both its balance sheet and investor confidence.[42]

Response to COVID-19 pandemic edit

During the coronavirus pandemic of 2020, Fosun Pharmaceuticals partnered with German biotech firm Biopharmaceutical New Technologies (BioNTech)[43] to produce and distribute the COVID-19 mRNA vaccine BNT162b2. Once approved, Fosun will market the vaccine in China, and BioNTech will retain the rights to sell it internationally.[44][45][46]

Fosun was part of an alliance of Chinese companies that donated medical supplies to 23 countries during the COVID-19 pandemic.[47]

In March 2020, Fosun brought medical supplies to Milan, Italy, including 5,500 protective suits and 40,000 N95 respirator masks together with the Longfor Group and Beijing Taikiang Yicai Foundation. This donation was in addition to 5,000 masks that had been donated to Milan's municipal government earlier by Fosun.[48]

Fosun launched the Global anti-Virus Relief Scheme which created a forum for China, the US, the UK, and Portugal to share information and experience about COVID-19 in early March 2020. Several companies have also joined the effort, including Baidu, New Oriental, Xiaomi and Sequoia Capital. Fosun has distributed close to 4 million units of medical supplies around the world, including surgical masks, protective suits, and diagnostic reagents.[49]

Fosun donated medical protection supplies to South Korea in two shipments in March, 36,000 early in the month and additional 22,000 later in the month.[50] The company also donated supplies to the UK, Japan[51] and India.[52]

At the end of March 2020, the Chinese National Medical Products Administration gave Fosun Pharmaceutical emergency approval for the use of a novel coronavirus nucleic acid detection kit that it developed.[53][54]

Fosun, Haitong Securities, and the Portuguese football agency Gestifute brought 461 kilos representing 58,400 units of medical supplies to Shanghai’s sister city in Portugal, Porto at the end of March 2020.[55][56]

Fosun delivered medical supplies in several shipments during March 2020 to the city of Wolverhampton, UK, the home of the Wolves football team, which is owned by Fosun.[57]

The company donated N95 masks to New York's NYU Langone Medical Center and Mount Sinai Hospital as well as similar donations to hospitals in Chicago, Boston, New Jersey, California and elsewhere in the United States.[58][59] The Coalition of Asian-American IPA (CAIPA) accepted 7,000 N95 masks from Fosun, and then distributed them to hospitals throughout the New York area during March 2020.[60]

Business structure edit

Fosun has a wide array of business activities, including investing in other firms, managing a number of private equity funds, and entering joint ventures.

Equity investments edit

Fosun has invested in a number of businesses throughout different sectors, such as asset management, insurance, and industrial operations.

Asset management edit

  • IDERA (98.00%)[61]
  • China Financial Services Holdings (SEHK: 605, 4.9%)
  • Fosun Eurasia Capital (in Russia)[62]
  • Hauck & Aufhäuser (99.91%)[61]
  • Resolution Property (in UK)[62]
  • Rio Bravo Investmentos (in Brazil)[63]

Banking edit

Entertainment edit

Fashion edit

Formerly named Fosun Fashion, the fashion sector of Fosun's business is now named Lanvin Group.[67]

Food and drink edit

Industrial operations edit

Insurance edit

Investment edit

  • Fosun Finance (86%)[62]
  • Fosun Hani Securities (100%)[61]
  • Miacom Diagnostics[73]
  • Guide Investimentos (in Brazil)[74]

Media edit

Private hospitals edit

  • Chancheng Hospital[61]
  • Luz Saúde (98.79%)[61]
  • Starcastle Senior Living (50.00%)[61]

Real estate edit

Retail edit

Technology edit

Tourism edit

Fosun-managed private equity funds edit

  • Carlyle-Fosun[62]
  • Fosun Capital[62]
  • Fosun RZ Capital[62]
  • Fosun Chuanghong[62]
  • Ji'nan Financial Development Investment Fund[62]
  • Pramerica-Fosun China Opportunity Fund[62]
  • Shanghai Sunvision Binhe Equity Investment Center[62]
  • Shanghai Sunvision Xicheng Equity Investment Center[62]
  • Star Capital (Shanghai Star Equity Investment L.P.)[62]
  • Weishi Fund[62]
  • Zhejiang Growth Fund[62]

Joint ventures edit

Former equity investments edit

Shareholders edit

The major shareholder of Fosun International was a Hong Kong incorporated company Fosun Holdings,[62] which was a wholly owned subsidiary of British Virgin Islands incorporated company Fosun International Holdings. Three founders of Fosun International, Guo Guangchang, Liang Xinjun and Wang Qunbin, owned 64.45%, 24.44% and 11.11% respectively in Fosun International Holdings.[62] Fan Wei, another founder, withdrew his stake in Fosun International Holdings in September 2015.[62]

References edit

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External links edit

  • Official website

November 07, 2023
fosun, international, fosun, redirects, here, other, uses, fosun, disambiguation, limited, chinese, multinational, conglomerate, holding, company, founded, 1992, guangchang, four, others, company, headquartered, shanghai, incorporated, hong, kong, 2004, ceos, . Fosun redirects here For other uses see Fosun disambiguation Fosun International Limited is a Chinese multinational conglomerate holding company 4 Founded in 1992 by Guo Guangchang and four others the company is headquartered in Shanghai and was incorporated in Hong Kong in 2004 Its Co CEOs are Chen Qiyu and Xu Xiaoliang Wang Qunbin joined Guo Guangchang as co chairman in early 2020 5 The company is located in 16 countries and is one of the largest privately owned conglomerates in China It was ranked 371st on the Forbes Global 2000 ranking in 2020 6 Fosun International LimitedTypePublicTraded asSEHK 656IndustryConglomerateFounded1992 1992 predecessor 1994 1994 as Fosun Hi tech 24 December 2004 2004 12 24 as Fosun Intl FounderGuo GuangchangLiang XinjunWang QunbinFan WeiTan JianHeadquartersShanghai ChinaHong Kong registered office Key peopleCo Chairman Guo GuangchangCo Chairman Wang QunbinCo CEO Chen QiyuCo CEO Xu XiaoliangServicesDiversified InvestmentsRevenueUS 25 4 billion 1 2 2021 Net incomeUS 1 6 billion 1 2 2021 Total assetsUS 126 48 billion 1 2021 Number of employees71 000 3 2019 ParentFosun International HoldingsChinese nameSimplified Chinese复星国际有限公司Traditional Chinese復星國際有限公司TranscriptionsStandard MandarinHanyu PinyinFuxing Guoji Yǒuxian GōngsiFosun InternationalSimplified Chinese复星国际Traditional Chinese復星國際TranscriptionsStandard MandarinHanyu PinyinFuxing GuojiWebsiteen wbr fosun wbr com Contents 1 History 1 1 1990s 1 2 2000s 1 3 2010s 1 4 2020s 2 Response to COVID 19 pandemic 3 Business structure 3 1 Equity investments 3 1 1 Asset management 3 1 2 Banking 3 1 3 Entertainment 3 1 4 Fashion 3 1 5 Food and drink 3 1 6 Industrial operations 3 1 7 Insurance 3 1 8 Investment 3 1 9 Media 3 1 10 Private hospitals 3 1 11 Real estate 3 1 12 Retail 3 1 13 Technology 3 1 14 Tourism 3 2 Fosun managed private equity funds 3 3 Joint ventures 3 4 Former equity investments 4 Shareholders 5 References 6 External linksHistory edit1990s edit Fosun Group was founded in 1992 as the Guangxin Technology Development Company by five graduates 7 of Fudan University in Shanghai 8 Guo Guangchang 9 Liang Xinjun 10 Wang Qunbin 11 Chinese 汪群斌 Fan Wei 12 Chinese 范伟 and Tan Jian Chinese 谈剑 9 Fosun started its business by doing market research 13 The major holding company of the group Fosun High Technology was incorporated in 1994 in mainland China Then Fosun extended its business into the healthcare industry as Fosun Pharmaceutical 14 real estate 15 16 and steel etc 17 18 2000s edit In 2004 a new holding company of the group Fosun International Limited was incorporated in Hong Kong In July 2007 Fosun International was listed on the main board of the Stock Exchange of Hong Kong as SEHK 656 19 20 2010s edit During 2011 the three major growth engines of Fosun industrial profits investment profits and asset management profits rose rapidly enabling Fosun to make strides toward its vision of becoming a premium investment group with a focus on China s growth momentum 21 From 2010 through 2015 Fosun spent billions buying foreign firms in the healthcare tourism fashion and banking industries in the US and Europe These included France s Club Med Britain s Thomas Cook Group 22 Canada s Cirque du Soleil 23 American clothing label St John and Greek jeweler Folli Follie 24 25 At the end of 2014 Fosun acquired the US insurer Meadowbrook for around 433 million marking the first full purchase of a US insurer by a Chinese company 26 Fosun also purchased Australian oil company Roc Oil its first acquisition in the petroleum industry 27 On 11 December 2015 the chairman of Fosun Guo Guangchang was reported missing Guo however reappeared on 14 December 2015 at a Fosun board of directors meeting During his disappearance Fosun requested that trading of shares be temporarily suspended 28 The Fosun board of directors issued a statement saying that Guo was assisting in a government inquiry which in their opinion did not present a material adverse impact on Fosun s finances or operations 29 On 21 July 2016 it was confirmed that Fosun had bought the English football club Wolverhampton Wanderers from its previous owner Steve Morgan for an estimated 45 million Under Fosun s ownership Wolves have progressed from being a mid table side in the Football League Championship second tier of English football to finishing seventh in the FA Premier League reaching an FA Cup semi final and qualifying for the UEFA Europa League 30 31 32 In 2016 Fosun began to invest in India 33 Delhivery was one such investment made in 2017 34 in addition to previous investments in MakeMyTrip India s largest online travel company and Gland Pharma 35 Fosun is also involved in the Indian real estate market 36 On 28 August 2019 Thomas Cook Group announced that the group had agreed the main terms of a rescue package that will see Hong Kong s Fosun Tourism take over its tour operations and creditor banks and bondholders acquire its airline 37 In early November 2019 Fosun said it would purchase the Thomas Cook brand for 11m The company viewed itself as a potential saviour by purchasing the name 38 2020s edit In March 2020 the company acquired a 55 4 equity interest in French jewelry brand Djula 39 They also signed an agreement in July 2020 with a high end Italian jewelry group to develop the Damiani and Salvini brands in China 40 In August 2020 the company bought a 30 stake in Jinhui Liquor for 262 million 41 In 2022 after has been severely hit by the effects of the COVID 19 pandemic and China s extreme lockdown policies the Shanghai based conglomerate divested many of its key assets to avoid defaulting on its short term debts By October 2022 Fosun announced that it would sell as much as 11 billion of assets within the next 12 months amid efforts to bolster both its balance sheet and investor confidence 42 Response to COVID 19 pandemic editDuring the coronavirus pandemic of 2020 Fosun Pharmaceuticals partnered with German biotech firm Biopharmaceutical New Technologies BioNTech 43 to produce and distribute the COVID 19 mRNA vaccine BNT162b2 Once approved Fosun will market the vaccine in China and BioNTech will retain the rights to sell it internationally 44 45 46 Fosun was part of an alliance of Chinese companies that donated medical supplies to 23 countries during the COVID 19 pandemic 47 In March 2020 Fosun brought medical supplies to Milan Italy including 5 500 protective suits and 40 000 N95 respirator masks together with the Longfor Group and Beijing Taikiang Yicai Foundation This donation was in addition to 5 000 masks that had been donated to Milan s municipal government earlier by Fosun 48 Fosun launched the Global anti Virus Relief Scheme which created a forum for China the US the UK and Portugal to share information and experience about COVID 19 in early March 2020 Several companies have also joined the effort including Baidu New Oriental Xiaomi and Sequoia Capital Fosun has distributed close to 4 million units of medical supplies around the world including surgical masks protective suits and diagnostic reagents 49 Fosun donated medical protection supplies to South Korea in two shipments in March 36 000 early in the month and additional 22 000 later in the month 50 The company also donated supplies to the UK Japan 51 and India 52 At the end of March 2020 the Chinese National Medical Products Administration gave Fosun Pharmaceutical emergency approval for the use of a novel coronavirus nucleic acid detection kit that it developed 53 54 Fosun Haitong Securities and the Portuguese football agency Gestifute brought 461 kilos representing 58 400 units of medical supplies to Shanghai s sister city in Portugal Porto at the end of March 2020 55 56 Fosun delivered medical supplies in several shipments during March 2020 to the city of Wolverhampton UK the home of the Wolves football team which is owned by Fosun 57 The company donated N95 masks to New York s NYU Langone Medical Center and Mount Sinai Hospital as well as similar donations to hospitals in Chicago Boston New Jersey California and elsewhere in the United States 58 59 The Coalition of Asian American IPA CAIPA accepted 7 000 N95 masks from Fosun and then distributed them to hospitals throughout the New York area during March 2020 60 Business structure editThis article needs to be updated Please help update this article to reflect recent events or newly available information February 2023 Fosun has a wide array of business activities including investing in other firms managing a number of private equity funds and entering joint ventures Equity investments edit Fosun has invested in a number of businesses throughout different sectors such as asset management insurance and industrial operations Asset management edit IDERA 98 00 61 China Financial Services Holdings SEHK 605 4 9 Fosun Eurasia Capital in Russia 62 Hauck amp Aufhauser 99 91 61 Resolution Property in UK 62 Rio Bravo Investmentos in Brazil 63 Banking edit Banco Comercial Portugues 27 06 64 China Minsheng Bank 2 22 65 Mybank 25 00 61 Entertainment edit Cirque du Soleil 25 via private equity funds managed by Fosun International and associated company Yuyuan Tourist Mart 62 Studio 8 60 62 Wolverhampton Wanderers F C 66 Fashion edit Formerly named Fosun Fashion the fashion sector of Fosun s business is now named Lanvin Group 67 Ahava 99 46 61 Caruso 73 90 61 Folli Follie 10 additional 3 89 stake held by Pramerica Fosun China Opportunity Fund 61 Lanvin 61 Silver Cross 87 23 61 Sergio Rossi 67 St John 70 00 61 68 Tom Tailor 28 89 61 Wolford 61 Food and drink edit Jinhui Liquor Sanyuan Foods 20 45 61 St Hubert 98 12 61 Tsingtao Brewery 17 99 61 Industrial operations edit Cainiao 6 77 61 Delhivery 6 5 62 Fosun Pharmaceutical 37 94 61 69 Gland Pharma 57 86 70 Hainan Mining 51 57 61 Fosun High Technology 100 62 Roc Oil 100 61 Sinopharm Group 61 Sisram Medical 61 Zhaojin Mining 3 57 62 Insurance edit Ameritrust Group 100 61 Fidelidade 84 99 61 Fosun United Health Insurance 20 00 61 NAGICO Insurances through Peak Reinsurance 71 Peak Reinsurance 86 93 61 Pramerica Fosun Life Insurance 50 00 61 New China Life Insurance 3 28 72 United Family Healthcare 61 Yong an P amp C Insurance 40 68 61 Investment edit Fosun Finance 86 62 Fosun Hani Securities 100 61 Miacom Diagnostics 73 Guide Investimentos in Brazil 74 Media edit Focus Media 5 00 61 Private hospitals edit Chancheng Hospital 61 Luz Saude 98 79 61 Starcastle Senior Living 50 00 61 Real estate edit Shanghai Forte Land 100 61 75 Shanghai Zendai Property 14 0 62 Fosun Property Holdings 100 62 126 Madison Avenue New York 76 28 Liberty Street New York 62 73 Miller Street Sydney 77 a project in Donggang zh Dalian 64 62 Citigroup Center Tokyo 78 Lloyds Chambers London 62 The Bund Finance Center 50 00 61 Retail edit Secret Recipe 79 Yuyuan Tourist Mart 26 45 62 61 Technology edit iFlytek strategic minority stake Perfect World 80 The Floow Limited 15 81 WeDoctor 61 Tourism edit Atlantis Sanya Resort 99 81 61 82 Club Med 90 10 61 MakeMyTrip 1 62 Thomas Cook HolidaysFosun managed private equity funds edit Carlyle Fosun 62 Fosun Capital 62 Fosun RZ Capital 62 Fosun Chuanghong 62 Ji nan Financial Development Investment Fund 62 Pramerica Fosun China Opportunity Fund 62 Shanghai Sunvision Binhe Equity Investment Center 62 Shanghai Sunvision Xicheng Equity Investment Center 62 Star Capital Shanghai Star Equity Investment L P 62 Weishi Fund 62 Zhejiang Growth Fund 62 Joint ventures edit Nanjing Nangang Iron and Steel United 60 share capital 50 voting rights 62 61 Besino Environment 100 61 Koller 84 50 61 Nanjing Iron and Steel Company SSE 600282 48 19 62 Pramerica Fosun Life Insurance 50 62 Former equity investments edit China Huarong Asset Management 83 Ironshore 84 Thomas Cook Group Plc 5 76 via Fidelidade Entered Compulsory Liquidation 23 September 2019 62 Shareholders editThe major shareholder of Fosun International was a Hong Kong incorporated company Fosun Holdings 62 which was a wholly owned subsidiary of British Virgin Islands incorporated company Fosun International Holdings Three founders of Fosun International Guo Guangchang Liang Xinjun and Wang Qunbin owned 64 45 24 44 and 11 11 respectively in Fosun International Holdings 62 Fan Wei another founder withdrew his stake in Fosun International Holdings in September 2015 62 References edit a b c Fosun International Announces 2021 Annual Results Total Revenue Increased by 18 to RMB161 29 Billion Striving to Pursue Steady and Sustainable Development Yahoo Finance 23 March 2022 a b Sundarkumar Amruth 25 March 2022 Fosun Reports 26 Profit Jump in 2021 BondEvalue Archived copy June 2020 Archived from the original on 27 June 2020 Retrieved 20 June 2020 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link BLANK www fosun international com Archived from the original on 24 September 2015 Retrieved 6 February 2008 Zhao Shirley 21 February 2020 Fosun Names Co Chairman Picks Two Presidents as Co CEOs Bloomberg Retrieved 27 February 2020 2020 Forbes Global 2000 Forbes Retrieved 20 June 2020 Fosun loses one more founding member EJ Insight 31 March 2017 Retrieved 10 February 2020 Life on the go for Fosun Group CEO Fosun 31 May 2012 Retrieved 10 February 2020 a b hermes 21 December 2015 Fosun chairman Guo Guangchang Farmer s son with a streak of enterprise The Straits Times Retrieved 10 February 2020 Flannery Russell Liang Xinjun Billionaire Co Founder Of China Investment Firm Fosun Departs As CEO Forbes Retrieved 10 February 2020 Wang Qunbin Forbes Retrieved 10 February 2020 Fan Wei Forbes Retrieved 10 February 2020 Taylor Ian 19 July 2019 Fosun What you need to know about the Chinese conglomerate set to take a majority stake in Thomas Cook Travel Weekly Retrieved 10 February 2020 Bhalla Mohit 18 April 2018 China s Fosun emerges as the fourth contender for cash strapped Fortis healthcare The Economic Times Retrieved 10 February 2020 Babar Kailash 20 September 2019 Fosun invests 800 crore in realty venture with Ahuja Constructions The Economic Times Retrieved 10 February 2020 London Real Estate Chinese Buyers Fosun International The Real Deal New York 6 October 2018 Retrieved 10 February 2020 Equity Private Management Strategic China Fosun Group s Guo Guangchang Marrying Chinese Momentum to Global Resources Knowledge Wharton Retrieved 10 February 2020 Zhang Wenxian Alon Ilan 2010 A Guide to the Top 100 Companies in China World Scientific ISBN 978 981 4291 46 0 Anderlini Jamil 11 December 2015 SubChina s Warren Buffett caught up in Beijing probe www ft com Retrieved 22 January 2020 Fosun International SEHK 656 Share price News amp Analysis Simply Wall St Retrieved 22 January 2020 Fosun International Limited Annual Results 2011 PDF Media corporate ir net March 2012 Retrieved 29 January 2020 Britain s Thomas Cook soars after China s Fosun buys stake Reuters 6 March 2015 Retrieved 3 February 2020 Cirque du Soleil sells majority stake to U S Chinese investors Reuters 20 April 2015 Retrieved 3 February 2020 Bloated but still bingeing The Economist ISSN 0013 0613 Retrieved 15 June 2016 China s Fosun joins bidding war for Portuguese hospital operator BBC News 23 September 2014 Retrieved 23 September 2014 China s Fosun to buy U S insurer to help finance acquisition spree Reuters 30 December 2014 Fosun Edges Out Competitor for Australia s Roc Oil The Wall Street Journal 4 August 2014 Retrieved 14 April 2017 Chinese tycoon Guo Guangchang reported missing BBC News 11 December 2015 Retrieved 11 December 2015 Another turn of the screw The Economist ISSN 0013 0613 Retrieved 30 December 2015 Wolves qualify for Europa League after Man City win FA Cup BBC Sport 18 May 2019 Retrieved 19 July 2020 Fosun Group Takes Over Wolves Wolverhampton Wanderers 21 July 2016 Wolves bought by Chinese conglomerate Fosun International for 45m BBC Sport 21 July 2016 Retrieved 30 July 2016 Pani Priyanka 12 October 2016 Fosun eyes Indian start ups with 200 m fund The Hindu Business Line Retrieved 24 February 2020 Gooptu Biswarup Ganguly Payal 23 May 2017 Delhivery secures 30M from Fosun International ETtech com Retrieved 24 February 2020 Biswarup Gooptu Payal Ganguly 23 May 2017 Delhivery secures 30M from Fosun International ET Tech The Economic Times Retrieved 23 May 2017 sharma Ravi Teja 15 September 2016 Enter the dragon China s Fosun International plans to invest 1 billion via realty private equity platform The Economic Times Retrieved 24 February 2020 Chinese poised to acquire world s oldest travel firm as Thomas Cook agrees key rescue terms Reuters 28 August 2019 Retrieved 28 August 2019 Thomas Cook brand sold to Club Med owner Fosun for 11m BBC News 1 November 2019 Retrieved 2 November 2019 He said The acquisition of the Thomas Cook brand will enable the group to expand its tourism business building on the extensive brand awareness of Thomas Cook and the robust growth momentum of Chinese outbound tourism Spencer Mimosa 27 March 2020 Fosun s Jewelry Unit Yuyuan to Buy Majority Stake in Djula WWD Retrieved 21 September 2020 Zhang Tianwei 10 July 2020 Fosun s Jewelry Unit Yuyuan Scores Damiani Group China License WWD Retrieved 21 September 2020 Chinese conglomerate Fosun s Yuyuan to buy 30 stake in Jinhui Liquor for 262m DealStreetAsia Retrieved 21 September 2020 China s Fosun Aims to Sell 11 Billion of Assets in Next Year Bloomberg com 25 October 2022 Retrieved 24 February 2023 Reuters Daily Sabah with 18 March 2020 Turkish owned biotech firm signs deal with China s Fosun US Pfizer to co develop coronavirus vaccine Daily Sabah Retrieved 21 April 2020 a href Template Cite web html title Template Cite web cite web a last has generic name help BioNTech in China alliance with Fosun over potential coronavirus vaccine Reuters 16 March 2020 Retrieved 21 April 2020 Cookson Clive 16 March 2020 Fosun and BioNTech launch 135m vaccine hunt for coronavirus www ft com Retrieved 21 April 2020 China s drugs sector may see explosive growth as Covid 19 spurs research South China Morning Post 14 April 2020 Retrieved 21 April 2020 Flannery Russell Act Globally China s Fosun International Guo Guangchang On Lessons From COVID 19 Pandemic Forbes Retrieved 21 April 2020 Chinese firms donate medical supplies to Italy Xinhua English news cn www xinhuanet com Retrieved 21 April 2020 dead link 李齐 Fosun launches relief scheme to help regions hit by virus Chinadaily com cn epaper chinadaily com cn Retrieved 27 April 2020 The flowers are blooming and the hope is dawning Fosun donates 22 000 pieces of medical protective supplies to South Korea PR Newswire APAC en prnasia com Retrieved 27 April 2020 Fosun joins global battle against coronavirus SHINE Retrieved 27 April 2020 Makichuk Dave 25 March 2020 Fosun bolsters Portugal in virus fight Asia Times Retrieved 27 April 2020 Boris Johnson tests positive for coronavirus Fosun test cleared in China www spglobal com Retrieved 27 April 2020 Shanghai Fosun receives emergency approval in China for COVID 19 test www spglobal com Retrieved 27 April 2020 Shanghai donations head to Portugal Poland SHINE Retrieved 6 May 2020 Makichuk Dave 25 March 2020 Fosun bolsters Portugal in virus fight Asia Times Retrieved 6 May 2020 Brassington Jamie Wolves owners Fosun donate protective clothing to help city fight coronavirus www expressandstar com Retrieved 6 May 2020 Fosun Continues Joining Hand with Other Benevolent Enterprises in Donating Medical Supplies to Hospitals in the U S P amp T Community 1 April 2020 Retrieved 6 May 2020 CAIPA Two Founders of Fosun and Its Foundation Donated 7 000 N95 Masks to Support CAIPA s COVID 19 Hospital Relief Efforts www prnewswire com Press release Retrieved 10 November 2020 CAIPA Two Founders of Fosun and Its Foundation Donated 7 000 N95 Masks to Support CAIPA s COVID 19 Hospital Relief Efforts WFMZ com Retrieved 6 May 2020 a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao Fosun Annual Report 2017 PDF Retrieved 23 April 2020 a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag 2015 Annual Report PDF Fosun International Hong Kong Stock Exchange 28 April 2016 Retrieved 19 November 2016 Chinesa Fosun confirma compra da gestora Rio Bravo Valor com br in Portuguese Valor Economico 29 July 2016 Retrieved 6 October 2016 Banco Comercial Portugues S A informs about increased qualified holding of Chiado an affiliate of Fosun PDF Press release 11 September 2017 2016 Interim Report PDF China Minsheng Bank Hong Kong Stock Exchange 22 September 2016 Retrieved 20 November 2016 Edwards Joe Fosun believed to be open to new Wolves investment www expressandstar com Retrieved 13 January 2020 a b Ap Tiffany 15 September 2022 Lanvin Group has a lackluster pitch to luxury investors Quartz Retrieved 17 November 2022 宋静丽 Fosun furthers efforts to tap fashion market Chinadaily com cn global chinadaily com cn Retrieved 13 January 2020 Kang Xiaoxiao 5 March 2013 Fosun Pharma bidding 22 5 mln for U S Saladax Morning Whistle Archived from the original on 26 March 2013 Retrieved 3 April 2013 Fosun s sale of Gland Pharma to become India s biggest pharma deal Report Business Standard 13 December 2022 Retrieved 16 December 2022 Fosun subsidiary completes acquisition of 50 stake in Caribbean insurer NAGICO Holdings www chinagoabroad com Retrieved 26 May 2019 Insurer jumps on Fosun move Business Chinadaily com cn www chinadaily com cn Retrieved 13 January 2020 miacom diagnostics GmbH teams up with Fosun Diagnostics a Diagnostic Division of Shanghai Fosun Pharmaceutical Group Business Wire 14 July 2014 Chinesa Fosun fecha compra de 70 da Guide Investimentos valor globo com in Portuguese Valor Economico 12 September 2017 Retrieved 9 October 2019 China s Fosun to buyout Forte Land for 320 million Reuters 20 January 2011 Retrieved 27 July 2017 Young Michael 4 June 2019 126 Madison Avenue aka Madison House Tops Out 62 Stories and 805 Feet Above NoMad New York YIMBY Retrieved 13 January 2020 Fosun Acquires Sydney Office Tower for 93M Mingtiandi 27 January 2015 Retrieved 13 January 2020 China s Fosun Buys Second Tokyo Office Tower in Five Months Mingtiandi 21 December 2014 Retrieved 13 January 2020 Fosun joins hands with Secret Recipe of Malaysia Fosun 15 February 2014 Archived from the original on 4 April 2016 Retrieved 4 April 2016 Fosun International Thinks Perfect World Is Perfect Insider Monkey Retrieved 13 January 2020 13M Investment in technology firm The Floow Limited 6 March 2017 China Fosun dials up tourism push with 1 74 billion Atlantis Sanya luxury resort Reuters 28 April 2018 Retrieved 23 April 2020 China Huarong Asset Management Co Ltd issues new shares for 2 4 Billion www iaireview org Retrieved 13 January 2020 Liberty Mutual to Acquire Ironshore from China s Fosun for 3 Billion Insurance Journal 5 December 2016 Retrieved 13 January 2020 External links editOfficial website Retrieved from https en wikipedia org w index php title Fosun International amp oldid 1150767004, wikipedia, wiki, book, books, library,

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