Fosun's Investment Philosophy Comprehensively Manifested Further Deepen Fosun's Globalization Strategy
HONG KONG, Aug. 31, 2016 /PRNewswire/ -- Fosun International Limited (which, together with its subsidiaries, is collectively referred to as "Fosun" or the "Group", SEHK stock code: 00656) today announced its interim results for the first half of 2016. As at30 June 2016, Fosun's total assets amoun...
Fosun Acquires Entire Stake in Israel's Dead Sea Mineral Skincare Brand AHAVA
JERUSALEM, April 11, 2016 /PRNewswire/ -- China's leading investment group Fosun Group ("Fosun") and Gaon Holdings, representing the shareholders of AHAVA Dead Sea Laboratories Ltd. ("AHAVA"), jointly announced and signed an agreement, in David Citadel Jerusalem, over the acquisition of a 100% eq...
Fosun: Profit from Insurance Business Grew Rapidly; Two-thirds of Assets Belong to Wealth, Health and Happiness Businesses
HONG KONG, March 31, 2016 /PRNewswire/ -- Fosun International Limited (which, together with its subsidiaries, collectively referred to as "Fosun" or the "Group", SEHK stock code: 00656) today announced its annual results for 2015. As at31 December 2015, Fosun's total assets amounted to RMB405.3 b...
Fosun Intends to Increase Stake in the Leading German Fashion and Lifestyle Brand TOM TAILOR Holding AG to Up to 30%
HONG KONG, Jan. 8, 2016 /PRNewswire/ -- Fosun International Limited (HKEx stock code: 00656), intends to increase its stake in TOM TAILOR Holding AG (TOM TAILOR GROUP) to more than 25%, but below 30%. To this end, Fosun has entered into an arrangement with a private seller, pursuant to which addi...
Fosun Completes Acquisition of the Remaining Interest in Ironshore
HONG KONG, Nov. 23, 2015 /PRNewswire/ -- Ironshore Inc. ("Ironshore") and Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, "Fosun") announced today that Fosun has completed the acquisition of the remaining 80% equity interest in Ironshore. Fosun has rec...
Fosun Eurasia Launches Operations in Russia, Expanding Fosun's Global Asset Management and Advisory Platform
HONG KONG, Oct. 27, 2015 /PRNewswire/ -- On October 27, Fosun Group announced the launch of Fosun Eurasia Capital LLC inMoscow (hereinafter referred to as "Fosun Eurasia"), a key integrated financial platform for Fosun's investment and asset management advisory businesses inRussia and neighbourin...
Fosun Eurasia Launches Operations in Russia, Expanding Fosun's Global Asset Management and Advisory Platform
MOSCOW, Oct. 27, 2015 /PRNewswire/ -- On October 27, Fosun Group announced the launch of Fosun Eurasia Capital LLC inMoscow (hereinafter referred to as "Fosun Eurasia"), a key integrated financial platform for Fosun's investment and asset management advisory businesses inRussia and neighbouring c...
Fosun's "Insurance + Investment" Model Achieves Unparalleled Success
HONG KONG, Aug. 31, 2015 /PRNewswire/ -- Fosun International Limited (together with its subsidiaries, "Fosun" or the "Group", SEHK stock code: 00656) announced its interim results for 2015. For the six months ended30 June 2015, Fosun's net assets attributable to owners of the parent reachedRMB63....
Fosun to Acquire Meadowbrook Insurance Group, Inc.
HONG KONG and SOUTHFIELD, Mich., Dec. 31, 2014 /PRNewswire/ -- Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, "Fosun") and Meadowbrook Insurance Group, Inc. (NYSE: MIG) ("Meadowbrook"), today announced that they have entered into a definitive agreement under ...
Insurance Segment Taking Shape, Investments Gathering Strengths: Fosun Adheres Comprehensively to the Warren Buffett Model
HONG KONG, Aug. 27, 2014 /PRNewswire/ -- Fosun International Limited (together with its subsidiaries, "Fosun" or the "Group", HKEx stock code: 00656) announces today its interim results for 2014. As atJune 30, 2014, net assets attributable to owners of the parent of the Group amounted toRMB43.99 ...
Fosun Saw its 2013 Profit Surge 49%
Making a major stride towards becoming a world-class investment group underpinned by the twin drivers of "insurance-oriented comprehensive financial capability" and "profound industrial foothold based investment capability" HONG KONG, March 26, 2014 /PRNewswire/ -- Fosun International Limited (to...
Fosun Group Entered the Made-in-Italy Luxury Market
Partnering with the Leading High-end Menswear Manufacturer Caruso HONG KONG, Sept. 11, 2013 /PRNewswire/ -- One of China's leading business groups, Fosun International Ltd (00656.HK) via a fund under its management, acquired, through a capital increase, 35% of the stock of the leading Italian man...
Fosun International Limited Announces 2013 Interim Results
Grasping value investing opportunities in the world's changing economic dynamics A major step forward towards becoming a premium investment group with a focus on China's growth momentum HONG KONG, Aug. 28, 2013 /PRNewswire/ -- Fosun International Limited( http://www.fosun.com ) (together with...
Peak Re Is Launched In Hong Kong to Tap Into the Underserved Reinsurance Markets in Asia Pacific, Backed By Fosun and IFC
HONG KONG, Jan. 9, 2013 /PRNewswire/ -- Peak Reinsurance Company Limited ("Peak Re" or "the Company"), a new reinsurer established to capture the growing demand for modernised reinsurance solutions in Asia Pacific, announces that it has successfully obtained the formal authorization by the Office of...
Fosun International Announces 2012 Interim Results Revenue and Net Portfolio Value Continue to Grow
HONG KONG, Aug. 29, 2012 /PRNewswire-Asia/ -- Fosun International Limited ("Fosun" or the "Company", together with its subsidiaries, the "Group", HKEx stock code: 00656) today announces its interim results for the six months ended 30 June 2012 (the "Reporting Period"). As at 30 June 2012, the Group'...
Fosun Signed a HK$30 Billion Financial Cooperation Agreement with China Development Bank
Supporting the Group's Business Development in Insurance, Asset Management, Strategic and Industrial Investments HONG KONG, July 19, 2012 /PRNewswire-Asia/ -- Fosun International Limited ("Fosun" or the "Company", together with its subsidiaries, the "Group", HKEx stock code: 00656) today announce...
Fosun International to Establish a Strategic Collaboration with Axcel to Invest More in Europe
COPENHAGEN, Denmark, June 15, 2012 /PRNewswire-Asia/ -- Fosun International ("Fosun" or the "Company") (HKEx: 00656), the leading Chinese non state-owned group in China, signed today a memorandum of understanding with the largest private equity firm in Denmark Axcel ("Axcel") to establish a strategi...
