Fosun Receives UBS Report: Believes Fosun can Effectively Manage Financing Risks
UBS Sets a Target Price of HK$9.1 for Fosun HONG KONG, July 4, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International") said that UBS has recently published a report on Fosun International. UBS believes that Fosun can effectively manage near-term financing...
Fosun's Businesses Shows Strong Recovery Momentum as Consumption Regains Vitality and Tourism Industry Continues to Recover
HONG KONG, June 30, 2022 /PRNewswire/ -- The Bund Finance Center (BFC) in Shanghai officially resumed dine-in services at restaurants starting from 29 June. At present, Fosun's businesses and shopping centers inShanghai, including the BFC, Yuyuan Tourist Mart, Forte Woli City, and Orstar City Zhe...
Fosun's Businesses Shows Strong Recovery Momentum as Consumption Regains Vitality and Tourism Industry Continues to Recover
HONG KONG, June 30, 2022 /PRNewswire/ -- The Bund Finance Center (BFC) in Shanghai officially resumed dine-in services at restaurants starting from 29 June. At present, Fosun's businesses and shopping centers inShanghai, including the BFC, Yuyuan Tourist Mart, Forte Woli City, and Orstar City Zhe...
Supporting Communities and Sharing Happiness, 28 Liberty Successfully Hosts Multiple Community Events at New York's Fosun Plaza
NEW YORK, June 28, 2022 /PRNewswire/ -- As the summer arrives, New Yorkers have been enjoying their favorite season in the year. Starting from early June, in just 3 weeks, Fosun's 28 Liberty has successfully hosted multiple community events at Fosun Plaza with thousands of participants, in suppor...
Fosun International Places Third in "Best ESG" at Institutional Investor's "2022 All-Asia Executive Team" Rankings
HONG KONG, June 27, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International") received Institutional Investor's notice on 23 June that Fosun International achieved third place in "Best ESG" (buy-side) at Institutional Investor's "2022 All-Asia Executive Tea...
Fosun International received S&P Global Rating's latest report
Fosun has flexibility to replenish cash and has adequate resources to manage debt maturities HONG KONG, June 24, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International") received S&P Global Rating's latest report published yesterday, where it points out th...
Fosun International's FTSE Russell ESG Rating Upgraded and Becomes First-time Constituent of FTSE4Good Index Series
HONG KONG, June 23, 2022 /PRNewswire/ -- The world's leading index company, FTSE Russell, recently announced the latest ESG (Environmental, Social and Governance) rating results of Fosun International Limited (HKEX stock code: 00656) ("Fosun International"). Fosun International's FTSE Russell ESG...
Fosun announced an update on outstanding tender offer to accept Any-and-All for full outstanding principal amount of the Only Two Offshore Bonds Maturing This Year
HONG KONG, June 22, 2022 /PRNewswire/ -- On 22 June, Fosun International Limited ((HKEX stock code: 00656, "Fosun International") announced an update on outstanding tender offer to accept Any-and-All for full outstanding principal amount of its only two offshore bonds maturing this year. The two ...
Fosun's Innovative Achievements Continue to Make Breakthroughs
Thanks to its Robust Global Ecosystem, Fosun's Various Business Segments Continue to Achieve Growth HONG KONG, June 21, 2022 /PRNewswire/ -- With the resumption of work, production, and business operations inShanghai, the 4th 515 Fosun Family Day, which has been ongoing for more than a month, us...
LUSANT debuts at the 2022 JCK the International Jewelry Show in Las Vegas, USA
Shining and Exuding Unique Charm in the International Jewelry Hall HONG KONG, June 13, 2022 /PRNewswire/ -- LUSANT, a fashionable and diversified diamond brand, appeared at JCK Las Vegas, one of the most prestigious international jewelry events. LUSANT presented its brand image and technologica...
S&P maintains Fosun International's long term issuer credit rating as BB, outlook stable
HONG KONG, June 10, 2022 /PRNewswire/ -- On 1 June, S&P Global Rating published its latest report on Fosun International Limited (HKEX stock code: 00656, "Fosun International") credit rating, maintaining Fosun International outlook as "Stable"; and affirmed "BB" on Fosun International's long term...
Fosun Participates in Morgan Stanley's 7th Annual Sustainable Futures Conference, Demonstrating ESG Achievements and Commitments
HONG KONG, May 26, 2022 /PRNewswire/ -- The 7th Annual Morgan Stanley Sustainable Futures Conference was hosted in a hybrid mode onMonday, May 23 to Wednesday, May 25, 2022. Intensifying focus on sustainability from multiple stakeholders positions environmental and social issues as key priorities...
Fosun Foundation's 40-day Anti-epidemic Efforts to Protect Shanghai
Do More and Do Better for the City SHANGHAI, May 12, 2022 /PRNewswire/ -- In face of the COVID-19 outbreak started in March inShanghai, Fosun Foundation has successively launched three projects, "Community Support", "Care for Elderly" and "Care for Children", which are aimed at providing target...
Fosun International Issues ESG Report 2021:Sustain Resilience and Develop Business for Good to Empower the Future
HONG KONG, April 27, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today issued the Environmental, Social and Governance (ESG) Report 2021 (the "Report"). The Report focuses on corporate ...
Paving the Last Mile, Fosun Foundation Delivers Essentials to Hundreds of Communities in Shanghai
HONG KONG, April 19, 2022 /PRNewswire/ -- Since the latest COVID-19 outbreak which started in March inShanghai, China, Fosun Foundation has been promptly responding to the needs from the city's universities, hospitals, and communities. OnApril 1, Fosun Foundation initiated the "Community Support ...
Tai Chi Training Can Effectively Improve Parkinson's Disease and Mild Cognitive Impairment
HONG KONG, March 31, 2022 /PRNewswire/ -- The latest research shows that Tai Chi training is conducive to the treatment of Parkinson's disease and the prevention of Alzheimer's disease. Professor Shengdi Chen from the Neurology Department of Ruijin Hospital, Shanghai Jiao Tong University School o...
Fosun Foundation's Third Batch of Approx. 350,000 Pieces of Anti-epidemic Materials Arrives Progressively in Hong Kong, Continuing to Protect Hong Kong Against the Epidemic
HONG KONG, March 25, 2022 /PRNewswire/ -- Hong Kong is facing an unprecedented and challenging COVID-19 epidemic situation. Since the fifth wave of epidemic broke out inHong Kong, Fosun Foundation quickly launched the anti-epidemic action of "Let's Work Hand in Hand and Combat the Epidemic Togeth...
Fosun's Management Decodes 2021 Annual Results: Fosun's 30 Years of establishment, striving to pursue steady and sustainable development
HONG KONG, March 25, 2022 /PRNewswire/ -- On 24 March 2022, Fosun International held its 2021 annual results presentation in the form of online webcast. Guo Guangchang, Chairman of Fosun International, Wang Qunbin, Co-Chairman of Fosun International, Chen Qiyu and Xu Xiaoliang, Co-CEOs of Fosun I...
Fosun International Announces 2021 Annual Results: Total Revenue Increased by 18% to RMB161.29 Billion, Striving to Pursue Steady and Sustainable Development
2021 Annual Results Summary and Highlights: * Total operating revenue for the year amounted to RMB161.29 billion, representing a year-on-year increase of 18%; profit attributable to owners of the parent reachedRMB10.09 billion, representing a year-on-year increase of 26%; * Profit of industria...
Fosun Foundation's Second Batch of More Than 500,000 Pieces of Anti-epidemic Materials Arrives in Hong Kong Successively to Aid High-risk Groups and Grassroots Families
HONG KONG, March 10, 2022 /PRNewswire/ -- In the face of the severe fifth wave of epidemic inHong Kong, Fosun Foundation quickly launched the epidemic relief work of "Let's Work Hand in Hand and Combat the Epidemic Together" inHong Kong. After the first batch of 250,000 sets of COVID-19 rapid ant...