Positive Revision! Fosun's Ratings Affirmed by S&P Global Ratings
With continuous efforts to optimize capital and asset base, Fosun's short-term liquidity pressure has been greatly eased and its credit rating outlook has been raised by an international rating agency HONG KONG, May 30, 2023 /PRNewswire/ -- International rating agency S&P Global Ratings issued a...
The 2023 Bund Art Festival is Coming, Starting a One-stop Art Tour at the Great Yu Garden Area
HONG KONG, May 9, 2023 /PRNewswire/ -- Experience the charm of diverse art collisions on the Bund this summer! FromMay 6th to May 31st, 2023, the third edition of Bund Art Festival is launched on the bundShanghai, jointly created by the Fosun Foundation, Bund Financial Center (BFC) and Yu Yuan Ga...
Fosun International's total revenue in 2022 amounted to RMB175.39 Billion, up 8.7% Year-on-year
HONG KONG, March 30, 2023 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today announced its annual results for the year ended 31 December 2022 (the "Reporting Period"). In 2022, the increasingl...
Fosun International: Focused Strategy to Empower the Sustainable Growth, Total Revenue up 8.7% YoY to RMB175.39 Billion in 2022
2022 Annual Results Highlights: * Total revenue for the year amounted to RMB175.39 billion, representing a year-on-year increase of 8.7% * Overseas revenue for the year amounted to RMB77.4 billion, representing a year-on-year increase of 14% and accounting for 44% of the total revenue; enter...
Relief for Turkey! Fosun Foundation Joins Efforts with Tom Tailor and Fosun Trade to Assist Earthquake Relief Efforts in Turkey Amid Bleak Winter
More than 2,000 pieces of winter supplies were sent to Turkey for quake relief amid bleak winter HONG KONG, Feb. 14, 2023 /PRNewswire/ -- On 13 February, a handover ceremony was held at Fosun's Sanhe Emergency Supplies Depot to hand over the relief supplies jointly donated by Fosun Foundation,To...
Fosun International Garners Multiple ESG Awards in Domestic and International Markets
HONG KONG, Dec. 30, 2022 /PRNewswire/ -- Recently, Fosun International received numerous accolades in domestic and international markets, including multiple ESG awards from international financial mediaInternational Business Magazine, Finance Derivative and Hong Kong stock connect information pla...
Club Med Kiroro Peak Opens in Hokkaido, Japan, Lanvin Group Lists on the New York Stock Exchange, Guo Guangchang looks back on Fosun's 30 years and reveals the future development direction of Fosun
HONG KONG, Dec. 15, 2022 /PRNewswire/ -- At 22:30 on 15 December, Beijing time, Lanvin Group, a global luxury fashion group under Fosun, was listed on the New York Stock Exchange with the stock code "LANV". On the morning of 15 December, Club Med under Fosun Tourism Group opened Club Med Kiror...
Fosun International Receives "ESG Leading Enterprise Award" and "ESG Leading Social Initiative Award" from Bloomberg Businessweek/Chinese Edition
HONG KONG, Dec. 14, 2022 /PRNewswire/ -- On 12 December 2022, the results of the fourth ESG Leading Enterprise Awards 2022, which was organized by the Chinese Edition of Bloomberg Businessweek in partnership with Deloitte, one of the world's largest accounting firms, and with the support from Inv...
Together We Build a Malaria-Free World: Fosun Receives IP SHANGHAI Global Communications Corporate Case Best Practice Award
HONG KONG, Nov. 9, 2022 /PRNewswire/ -- On 8 November 2022, we received good news from the 5th China International Import Expo (CIIE): the1st In Shanghai, For the World has announced the recipients of the IP SHANGHAI Global Communications Corporate Case Best Practice Award. The organizing committ...
Fosun International Garners Two Major ESG Reporting Accolades in Hong Kong
HONG KONG, Oct. 24, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656) recently garnered two Environmental, Social, and Governance (ESG) reporting accolades by two major industry authoritative organizations, namely The Hong Kong Management Association (HKMA) and Hong Kong E...
Fosun Makes an Effort to Build the Grand Yuyuan with Oriental Life Aesthetics
HONG KONG, Sept. 20, 2022 /PRNewswire/ -- As an important component of the first World Design Cities Conference (WDCC), the thematic event "Design for Happiness - Oriental Life Aesthetics Night" was held at the Binjiang Esports Stadium in Huangpu District,Shanghai on the evening of 17 September 2...
Fosun Establishes Major Technological Innovation Projects in Pudong, Shanghai
HONG KONG, Sept. 19, 2022 /PRNewswire/ -- The signing ceremony of the strategic cooperation agreement between the Shanghai Federation of Industry and Commerce (SFIC) and the Pudong New Area, and the signing ceremony of private enterprises' investment projects were held at the Zhangjiang Science H...
Fosun's Management Decodes 2022 Interim Results: Consolidate Globalization Capabilities to Create Greater Value
HONG KONG, Sept. 2, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group") held its 2022 interim results presentation on 31 August in the form of online webcast. The management of Fosun Internationa...
Fosun International Announces 2022 Interim Results: Total Revenue Amounted to RMB82.89 Billion, representing a year-on-year increase of 17.7%
HONG KONG, Aug. 31, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today announced its financial results for the six months ended30 June 2022 (the "Reporting Period"). In the first half of...
Fosun International Announces 2022 Interim Results: Total Revenue Amounted to RMB82.89 Billion, representing a year-on-year increase of 17.7%
Technology and Innovation, and Globalization Continue to develop 2022 Interim Results Summary and Highlights: * Total revenue in the first half of 2022 amounted to RMB82.89 billion, representing a year-on-year increase of 17.7%; profit attributable to owners of the parent reachedRMB2.70 billio...
Fosun International Listed in Forbes 2022 China ESG 50
HONG KONG, Aug. 29, 2022 /PRNewswire/ -- Forbes China recently released its "2022 China ESG 50" list. Fosun International has been included on the list for its outstanding ESG performance and its active contribution to the fight against the COVID-19 pandemic.Forbes China pointed out that ESG is s...
Fosun International Enters into Strategic Cooperation Agreement with HSBC China
HONG KONG, Aug. 29, 2022 /PRNewswire/ -- Fosun International Limited ("Fosun International", stock code: 00656.HK) and HSBC Bank (China) Company Limited ("HSBC China") renewed a strategic cooperation agreement (the "Agreement") today to provide strong support for Fosun International and its subsi...
Fosun International and ICBC Shanghai Branch Enter into Strategic Cooperation Agreement to Jointly Promote the Development of the Private Economy
HONG KONG, July 19, 2022 /PRNewswire/ -- On 19 July 2022, the signing ceremony of the strategic cooperation agreement between Fosun International Limited and Industrial and Commercial Bank ofChina (ICBC) Shanghai Branch was held at ICBC Shanghai Branch. ICBC and Fosun will conduct in-depth cooper...
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...
