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FOSUF News and Press, Fosun International Ltd From 11/09/22

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Company Name: Fosun International Ltd
Stock Symbol: FOSUF
Market: OTC

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FOSUF - Together We Build a Malaria-Free World: Fosun Receives IP SHANGHAI Global Communications Corporate Case Best Practice Award

Together We Build a Malaria-Free World: Fosun Receives IP SHANGHAI Global Communications Corporate Case Best Practice Award PR Newswire HONG KONG , Nov. 9, 2022 /PRNewswire/ -- On 8 November 2022 , we received good news from the 5th China Internat...

FOSUF - Lanvin Nears Completion Of U.S. SPAC Listing. Now The Work Begins

Summary Lanvin Group’s plan for a SPAC listing has moved a step closer to completion with the setting of a Dec. 9 vote on the deal by the SPAC’s shareholders. The struggling Fosun first announced its listing plans for Lanvin in March, saying the luxury company would ...

FOSUF - Fosun Scrambles To Sell Its Way Back To Health. But Will It Mortgage Its Future?

Summary Fosun’s short-term dilemma was in the headlines last week when the company, which boasts a sprawling network of businesses across the globe, told analysts that it plans to sell as much as $11 billion of non-core assets in the next 12 months, according to a Bloomberg rep...

FOSUF - Fosun International Garners Two Major ESG Reporting Accolades in Hong Kong

Fosun International Garners Two Major ESG Reporting Accolades in Hong Kong PR Newswire HONG KONG , Oct. 23, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656) recently garnered two Environmental, Social, and Governance (ESG) reporti...

FOSUF - Fosun Contributes the "Power of Fosun" to Building a World-class City of Design | The First World Design Cities Conference

Fosun Contributes the "Power of Fosun" to Building a World-class City of Design | The First World Design Cities Conference PR Newswire HONG KONG , Sept. 22, 2022 /PRNewswire/ -- The first World Design Cities Conference (WDCC) organized by the Shangha...

FOSUF - Fosun International Sells Assets As Short-Term Cash Crunch Looms

Summary Fosun has sold down its stake in New China Life, its latest move to raise cash as it faces large debt maturing in the next 12 months. The company is also selling down stakes in its Fosun Tourism unit, owner of the Club Med resort chain, and appears to be selling shares in ...

FOSUF - Fosun Makes an Effort to Build the Grand Yuyuan with Oriental Life Aesthetics

Fosun Makes an Effort to Build the Grand Yuyuan with Oriental Life Aesthetics PR Newswire HONG KONG , Sept. 20, 2022 /PRNewswire/ -- As an important component of the first World Design Cities Conference (WDCC), the thematic event "Design for Happiness - O...

FOSUF - Fosun's debt is RMB100B, corresponding to total assets of RMB270B

Fosun International ( OTCPK:FOSUF ) said a major international investment bank Morgan Stanley has reiterated its "Overweight" rating on Fosun International with a target price of HK$11.4 for the third time. Fosun's actual debt is only RMB100B, corresponding to total ...

FOSUF - Fosun Establishes Major Technological Innovation Projects in Pudong, Shanghai

Fosun Establishes Major Technological Innovation Projects in Pudong, Shanghai PR Newswire HONG KONG , Sept. 19, 2022 /PRNewswire/ -- The signing ceremony of the strategic cooperation agreement between the Shanghai Federation of Industry and Commerce (SFIC...

FOSUF - Fosun Presents its Brands and Projects at the First World Design Cities Conference

Fosun Presents its Brands and Projects at the First World Design Cities Conference PR Newswire HONG KONG , Sept. 16, 2022 /PRNewswire/ -- The first World Design Cities Conference (WDCC) organized by the Shanghai Municipal People's Government official...

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