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 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 International's MSCI ESG rating upgraded to AA
HONG KONG, Jan. 6, 2022 /PRNewswire/ -- The world's leading index company MSCI announced the results of Fosun International Limited (HKEX stock code: 00656) ("Fosun International" or "Fosun" or the "Group") 2021 ESG (Environmental, Social and Governance) rating. As a result of the substantial im...
Fosun Participates in the China International Import Expo for Four Consecutive Years
HONG KONG, Nov. 5, 2021 /PRNewswire/ -- On the evening of 4 November 2021, the fourth China International Import Expo (CIIE) officially opened at the National Exhibition and Convention Center (Shanghai). As a global company rooted in Shanghai, Fosun and its overseas member companies and partners ...
CLSA:Fosun's Outstanding Performance on ESG, Solidifying Leadership in Sustainable Development
HONG KONG, Oct. 8, 2021 /PRNewswire/ -- CLSA has published the first ESG deep-dived research report on Fosun International (HK 656). The report has pointed out that Fosun's ESG mission is clear: actively address the growing demand for corporate sustainability. Fosun has a rigorous structure and p...
2021 Fosun Family Season to Set the "Fosun China-Chic" and Launch Fosun Membership System "Fosun Alliance"
HONG KONG, Oct. 4, 2021 /PRNewswire/ -- On 29 September, 2021 Fosun Family Season officially kicked off in Yuyuan inShanghai. Centered around the theme of "Fosun China-Chic Families Carnival", Fosun and more than 70 brands in its ecosystem jointly participated and integrated online and offline...
Fosun International Announces 2019 Annual Results
HONG KONG, March 31, 2020 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, together with its subsidiaries "Fosun" or the "Group") today announced its financial results for the year ended31 December 2019 (the "Reporting Period"). FINANCIAL SUMMARY: * Total revenue increase...
Fosun Chartered Flight to Portugal, Over One Million pieces of Masks and Detection Kits arrive Lisbon
HONG KONG, March 31, 2020 /PRNewswire/ -- March 30, 4:30pm Beijing time (9:30am, Lisbon time, on March 30, 2020) - A chartered flight carrying over one million pieces of medical supplies weighing over 120,000 tons from Shanghai landed at Lisbon Airport. This batch of supplies includes 50,000 medic...
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...
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'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...
Fosun International Unveils Asia Pacific's First Atlantis Resort in Sanya, China
SANYA, China, April 29, 2018 /PRNewswire/ -- China's first Atlantis resort in the city of Sanya has officially opened, culminating four years of anticipation for aCNY 11 billon (close to US Dollar two billion) project, developed by owning company - Fosun International and managed by reputable and...
Fosun International and HSBC Sign Strategic Cooperation Agreement
SHANGHAI, March 26, 2018 /PRNewswire/ -- Fosun International Limited ("Fosun International") (00656:HK) and The Hongkong and Shanghai Banking Corporation Limited ("HSBC") today signed a strategic cooperation agreement ("the Agreement"), providing strong support for the future growth strategy of F...
Fosun to acquire Brazilian firm Guide Investimentos
HONG KONG, Feb. 27, 2018 /PRNewswire/ -- Fosun, one of the world's leading family-focused multinational companies,signed on Feburary 26 (Brazilian local time) an agreement to acquire Guide Investimentos, a fast-growing Brazilian institutional brokerage and wealth management firm based in Sao Pa...
Fosun Becomes Majority Shareholder of French Luxury Brand Lanvin
PARIS, Feb. 22, 2018 /PRNewswire/ -- Fosun International Limited (SEHK stock code: 00656) ("Fosun International") and its subsidiaries (together "Fosun") announced the acquisition of a controlling stake in Jeanne Lanvin SAS (d/b/a "Lanvin"), the oldest luxury couture house inFrance still in exist...
Arix Bioscience and Fosun International sign strategic agreement to develop and commercialise new clinical therapies for patients
LONDON and HONG KONG, Feb. 19, 2018 /PRNewswire/ -- Arix Bioscience plc (LSE:ARIX) ("Arix Bioscience" or the "Company"), a global healthcare and life science company building and financing innovative young medical businesses and Fosun International Limited (00656:HK) ("Fosun"), jointly announce a...
/C O R R E C T I O N -- Fosun International Limited/
In the news release, Fosun International Successfully Priced 300 Million USD Bond, issued29-Nov-2017 by Fosun International Limited over PR Newswire, we are advised by the company that the second paragraph, first sentence, should read "final orders standing atUS$725 million" rather than "final or...
InsurTech Conference by Fosun Gains Global Reputation in Its Second Year
SHANGHAI, Nov. 21, 2017 /PRNewswire/ -- Today Fosun Group convened the 2nd Global Insurtech Innovation Conference (GIIC) inShanghai, which has been widely recognized as one of the most influential global events of its kind. In November last year, under the name of Global Insurtech Innovation Foru...