"Be More Courageous and Take Things One Step at a Time" Fosun's Management Explains 2023 Interim Results in Detail
HONG KONG, Sept. 1, 2023 /PRNewswire/ -- "It is very clear that we have won out over the cycle and Fosun's liquidity pressure has been well managed. We will focus on the development of businesses where we boast clear competitive advantages. Development is the key solution to all issues." On 31 A...
Fosun International: Focused Development, Steady Advancement, Total Revenue for the First Half of 2023 Up 10.9% YoY to RMB97.06 Billion
HONG KONG, Sept. 1, 2023 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"),announced the interim results for the six months ended 30 June 2023 (the "Reporting Period") on 30 August 2023. In the fir...
Fosun International: Focused Development, Steady Advancement, Total Revenue for the First Half of 2023 Up 10.9% YoY to RMB97.06 Billion
2023 Interim Results Highlights: * Steady growth of business, total revenue was RMB97.06 billion, representing a year-on-year increase of 10.9% * Significant improvement in core businesses, industrial operation profit was RMB3.37 billion, representing a year-on-year increase of 66% * Drivin...
Fosun International Wins Pioneering Award for ESG Disclosure Contribution at the HKQAA Hong Kong Green and Sustainability Contribution Awards 2023
HONG KONG, Aug. 28, 2023 /PRNewswire/ -- Hong Kong Quality Assurance Agency ("HKQAA") held the Hong Kong Green and Sustainability Contribution Awards 2023 on 25 August. Fosun International was awarded the Pioneering Award for ESG Disclosure Contribution by HKQAA, in recognition of the company's p...
Fosun International Awarded "ESG Achievement Programme 2023" Logo and Certificate of Appreciation by Hong Kong Economic Journal
HONG KONG, Aug. 21, 2023 /PRNewswire/ -- Hong Kong's first Chinese financial newspaper, Hong Kong Economic Journal (HKEJ) announced the list of companies with outstanding ESG performance on 18 August. Fosun International was awarded the "ESG Achievement Programme 2023" logo and certificate of app...
NUS and PwC Jointly Release Sustainability Counts II, affirming Fosun International's leading standard in ESG disclosure
HONG KONG, July 12, 2023 /PRNewswire/ -- The National University of Singapore (NUS) Centre for Governance and Sustainability (CGS) and PricewaterhouseCoopers (PwC)Singapore recently jointly released Sustainability Counts II (the "Report"). Based on the principles of Global Reporting Initiative (G...
515 Fosun Family Day Sales Growth Beats Expectations, Gaining Popularity and Boosting Consumption
HONG KONG, June 30, 2023 /PRNewswire/ -- Shanghai's two-month 4th Double Five Shopping Festival is drawing to an end, various themed activities continue to gain momentum. In addition to the Double Five Shopping Festival, the recent Dragon Boat Festival further unleashed consumption vitality. From...
Fosun International Included in S&P Global's Sustainability Yearbook 2023 (China Edition) and Recognized as Industry Mover
HONG KONG, June 28, 2023 /PRNewswire/ -- S&P Global held the "Creating Advantages, Seizing Sustainable Development Opportunities - S&P Global Sustainable1 Sustainability Seminar and the Launch of Sustainability Yearbook 2023 (China Edition)" inShanghai. Based on S&P Global's Corporate Sustainabi...
Integrating Innovation and Entrepreneurship Empowerment: Protechting 6.0 Global Launch
HONG KONG, June 27, 2023 /PRNewswire/ -- On 22 June 2023, Fosun Foundation announced the launch of the 6th edition of its "Protechting Acceleration Program" (Protechting 6.0) inLisbon, Portugal. The competition is co-hosted by Fosun Foundation and Fosun's subsidiaries and member companies includi...
Fosun International Receives Four Awards from Corporate Governance Asia
Chen Qiyu and Xu Xiaoliang, Executive Directors and Co-CEOs of Fosun International winAsia's Best CEO from Corporate Governance Asia Fosun International also receives Asia's Best CSR and Best Corporate Communications Awards HONG KONG, June 27, 2023 /PRNewswire/ -- On the evening of 26 June 2023,...
Fosun International Receives 11 Awards Including Most Honored Company 2023 from Institutional Investor
HONG KONG, June 26, 2023 /PRNewswire/ -- Institutional Investor, an international authoritative financial media published the results of the 2023 Asia Executive Team survey on 21 June. Fosun International (stock code: 00656.HK) received 11 awards including Most Honored Company for its outstanding...
Investor Open Day: Fosun Implements Business Streamlining and Resilience Building Strategy, Focusing on Core Businesses to Bring New Vitality
HONG KONG, June 9, 2023 /PRNewswire/ -- On 8 June 2023, the 2023 Fosun International Investor Open Day was held inShanghai. It was the first time that Fosun International had held a large-scale offline open day after the pandemic. More than 100 domestic and foreign investor representatives from B...
515 Fosun Family Day Sets Off Consumption Boom With Cumulative Sales of Nearly RMB10 Billion
HONG KONG, June 2, 2023 /PRNewswire/ -- Since the launch of Shanghai's 4th Double Five Shopping Festival, more than 1,000 promotion activities have been held successively in the month, setting off a consumption boom. As an essential part of the Double Five Shopping Festival, the 515 Fosun Family ...
Positive Revision! Fosun's Ratings Affirmed by S&P
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 31, 2023 /PRNewswire/ -- International rating agency S&P Global Ratings issued a...
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...
