Fosun's Protechting 4.0 Reached a Record of 400 Applications from 53 Countries
LISBON, Portugal, Nov. 22, 2019 /PRNewswire/ -- Protechting, Fosun and Fidelidade's innovation program, in partnership with Luz Learning Health Hospital and the German private bank Hauck & Aufhäuser, have selected the 12 finalist startups, which will be part of the acceleration phase of the progr...
Fosun International and Citi Sign Strategic Cooperation Agreement
SHANGHAI, Nov. 4, 2019 /PRNewswire/ -- Fosun International Limited ("Fosun International") (00656:HK) announced today that it has signed a strategic cooperation agreement ("the Agreement") with Citi. The two parties are committed to jointly supporting the future development strategy of Fosun Int...
Fosun International Announces 2019 Interim Financial Results
Profit Reaches RMB 7.61 Billion with Best Ever Interim Results HONG KONG and SHANGHAI, Aug. 27, 2019 /PRNewswire/ -- 1H2019 FINANCIAL HIGHLIGHTS: * Revenue increases 57% to new record of RMB 68.48 billion * Profit attributable to owners of the parent returns to double digit growth and r...
Fosun International Included as Constituent Stock of Hang Seng China Enterprises Index
HONG KONG, Aug. 19, 2019 /PRNewswire/ -- On 16 August 2019, Hang Seng Indexes Company Limited announced the results of its review of the Hang Seng Family of Indexes for the quarter ended28 June 2019. Fosun International Limited (00656.HK) ("Fosun" or "Fosun International"), together with other fo...
Fosun Launches Fourth Edition of Its Acceleration Program "Protechting"
Fostering an Innovation Culture New edition of the program is more international and with an alignment in the themes of sustainable development with social, economic and environmental impact, focusing on three strategic synergies: Healthtech, Insurtech and Fintech. The Portuguese health care gro...
Fosun Acquires Majority Interest in TENAX Capital Limited
LONDON, July 2, 2019 /PRNewswire/ -- Fosun International Limited (SEHK stock code: 00656) ("Fosun International"), one of the world's leading family-focused multinational companies, announced today the acquisition of a majority shareholder interest in TENAX CAPITAL Limited ("TENAX"), a boutique a...
Fosun Completes the Acquisition of Automation Solutions Provider FFT Group
HONG KONG, May 30, 2019 /PRNewswire/ -- Fosun International Limited (SEHK stock code: 00656) ("Fosun International"), one of the world's leading family-focused multinational companies, announced today the completion of the acquisition of FFT GmbH & Co. KGaA ("FFT"), the global leading provide...
S&P Revised Outlook on Fosun International to "Positive"
HONG KONG, May 29, 2019 /PRNewswire/ -- S&P Global Ratings ("S&P") announces it has revised the outlook on Fosun International Limited ("Fosun", HKEx: 00656) to positive from stable, "BB" rating affirmed. S&P expects the liquidity and diversity of Fosun's assets to continue to improve, given Fo...
Fosun Launches the "Global Family Plan"
* Fosun jointly establishes the Global Family Plan with over 20 global enterprises * Alliance members will promote happier lives for global families by sharing resources and products, joint-building channels and launching crossover products HONG KONG, May 15, 2019 /PRNewswire/ -- Fosun joins h...
Fosun International Announces 2018 Annual Results
2018 FINANCIAL HIGHLIGHTS: * Revenue increases 24% and exceeds RMB 100 billion for the first time; * Net profit increases for the 7th consecutive year to a new record of RMB 13.4 billion; * The board increases dividend by 6% to HK$0.37 per share, 20% payout ratio. HONG KONG, March 26, 2019...
Fosun International and Standard Chartered Bank Sign Strategic Cooperation Agreement
HONG KONG, Jan. 16, 2019 /PRNewswire/ -- Fosun International Limited ("Fosun International") (00656:HK) andStandard Chartered Bank together announced today that they have signed a strategic cooperation agreement ("the Agreement") with the two parties committing to work together to support the fut...
Fosun's Protechting Program wins UNGC's China Network award for its Sustainable Development in China
Director-General of Fosun Foundation was invited to join in the board of United Nations Global Compact China Network LISBON, Portugal, Dec. 17, 2018 /PRNewswire/ -- Protechting, the startup acceleration program promoted by Fosun, has been awarded the "Sustainable Development 2018 Enterprise Be...
Global Leading Leisure-Focused Integrated Tourism Group Fosun Tourism Group Lists on the Stock Exchange of Hong Kong
HONG KONG, Dec. 14, 2018 /PRNewswire/ -- Fosun Tourism Group ("Fosun Tourism", together with its subsidiaries, the "Group", Stock Exchange stock code: 1992), the world's leading leisure-focused integrated tourism group, and the largest leisure tourism resort group worldwide in terms of revenue in...
Winners Announced at the Web Summit in Lisbon -- CRIAM, CopSonic and Wall-i are the winners of Protechting 3.0
LISBON, Portugal, Nov. 9, 2018 /PRNewswire/ -- CRIAM, CopSonic and Wall-i are the three winners of Protechting, the startup acceleration program developed by Fosun and its portfolio companies Fidelidade (the largest Portuguese insurance company), Luz Saúde (one of the largest Portuguese pri...
Fosun Completes the Acquisition of Guide Investimentos
Central Bank of Brazil approved the negotiation announced last year SAO PAULO, Nov. 6, 2018 /PRNewswire/ -- Fosun announces the conclusion of the acquisition of 69.14% of Guide Investimentos, after the approval of the Central Bank ofBrazil. Under the agreement, Fosun paid R$ 167.9 million, with a...
Fosun International and Natixis Sign Strategic Cooperation Agreement
SHANGHAI, Oct. 16, 2018 /PRNewswire/ -- Fosun International Limited ("Fosun International") (00656:HK) announced that it signed a strategic cooperation agreement ("the Agreement") with Natixis today with the two parties committing to work together to support the future development strategy of Fos...
Fosun International Announces 2018 Interim Results: Driving business with technology at full steam
HONG KONG, Aug. 29, 2018 /PRNewswire/ -- On 28th August, Fosun International (Stock code: 00656.HK) announced its 2018 interim results. During the reporting period, the company achieved steady growth and reported revenue ofRMB43.51 billion, increased by 20% year-on-year; the company's profitabili...
Fosun International announces 2018 Interim Results: Steady growth, continuously deepening its global operations
HONG KONG, Aug. 29, 2018 /PRNewswire/ -- Fosun International Limited (stock code: 00656.HK) announced its 2018 interim results inHong Kong. During the reporting period, the Company delivered steady growth, with revenue increased 20% year-on-year toRMB 43.51 billion; the profitability of the Compa...
Fosun International Reports 1H 2018 Financial Results
HONG KONG and SHANGHAI, Aug. 28, 2018 /PRNewswire/ -- 1H 2018 FINANCIAL HIGHLIGHTS: * Net profit increases 17% to RMB 6.86 billion, six years of consecutive rapid growth * Pro-forma net profit increases 41% to RMB 8.29 billion (under previous accounting standards) * Focused on health and ...
Fosun Announces Strategic Investment into Israeli FinTech Platform The Floor
Fosun's Partnership will Promote The Floor's Unique Platform to Asia's Financial Industry and Accelerate its Global Business Expansion SHANGHAI and TEL AVIV, Isreal, Aug. 16, 2018 /PRNewswire/ -- Fosun and Fosun Hani Securities Limited ("Fosun Hani") jointly announced a strategic investment o...
