Fosun Group International : Chinatopix

Fosun Group International

Fosun Group Plans Asset Sale Worth $40 Billion to Reduce Debt

Aug 02, 2016 09:45 AM EDT

Fosun Group, a Chinese firm known for its acquisition spree, is set to part away with some of its assets worth 40 billion Yuan ($6 billion) in a bid to improve its credit rating.

Fosun Group Shrugs Off Brexit Worry, Will seek more Opportunities in UK and Europe

Girish Shetti |

Jun 29, 2016 08:34 AM EDT

Fosun Group, a Chinese international conglomerate and private investment company, will be seeking more investment opportunities in the United Kingdom and European markets, despite the ongoing volatility due to Britain's decision to leave the European Union, a move often shortened as Brexit.

Chinese Mogul Disappears Amid China's Corruption Investigation In The Financial Industry

China's Warren Buffett, Billionaire Guo Guangchang Reported Missing

Desiree Sison |

Dec 11, 2015 05:18 AM EST

Chinese billionaire Guo Guangchang has been reported missing since Thursday at the height of China's anti-corruption campaign in the financial industry.