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 ...
Fosun Sports Group announces new entity to deepen global sports industry footprint
HONG KONG, Oct. 19, 2021 /PRNewswire/ -- On October 19, 2021, Fosun Sports Group (hereinafter referred to as 'Fosun Sports'), a global pan-sports industry operating group company and subsidiary of Fosun International's happiness segment, announced the formal establishment of Fosun Sports as a ho...
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...
Fosun's German private banking unit H&A acquires full ownership of Bankhaus Lampe
HONG KONG and SHANGHAI, Oct. 8, 2021 /PRNewswire/ -- On October 8, 2021, German private bank Hauck & Aufhäuser (H&A), a subsidiary of Chinese innovation-driven consumer group Fosun International Ltd (00656HK), announced today that it has acquired a 100% percent stake in German private bank Bankha...
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 Officially Selected as a Constituent Stock of Hang Seng ESG 50 Index
HONG KONG, Sept. 6, 2021 /PRNewswire/ -- Fosun International officially was selected as a constituent stock of Hang Seng ESG 50 Index (top 50 large-to-mid cap). Hang Seng ESG 50 Index aims at capturing the overall performance of Top 50 ESG leaders with relatively high market capitalization listed...
Fosun International Announces 2021 Interim Results
2021 Interim Results Summary and Highlights: * Riding the wave of momentum, various financial indicators rebounded rapidly * Revenue and net profit both realized growth: Total revenue amounted to RMB70.41 billion, representing a year-on-year increase of 11%; net profit attributable to owners ...
Fosun International was awarded the "ESG Benchmark Awards - The ESG Leader" Gold Award
HONG KONG, July 8, 2021 /PRNewswire/ -- The Institute of ESG & Benchmark (IESGB) held the inaugural awards ceremony of the Environmental, Social, and Governance (ESG) Achievement Awards 2020 at the Hong Kong Productivity Council. Fosun International was awarded the "ESG Benchmark Awards – The ESG...
Fosun Fashion Group to Acquire Italian Luxury Shoemaker Sergio Rossi
* Fosun Fashion Group (FFG) is an international luxury fashion group and affiliate of Fosun International, one of the largest innovation-driven consumer groups worldwide * Sergio Rossi brings an iconic footwear brand to FFG's luxury portfolio, which includes Wolford, Caruso, St. John, and Fre...
Fosun and Baoding Med-Joy Medical team up to aid India with 15,000 oxygen concentrators to provide oxygen to local patients
HONG KONG, SHANGHAI and MUMBAI, India, May 3, 2021 /PRNewswire/ -- On May 2, 2021, Fosun announced that another batch of medical supplies – 15,000 Med-Joy oxygen concentrators – would be delivered to frontline areas affected by the pandemic inIndia. In just three days, this is the second time tha...
Swift support for India - Fosun's additional aid of 100,000 KN95 masks arrived in Mumbai
HONG KONG and SHANGHAI and MUMBAI, India, May 3, 2021 /PRNewswire/ -- On May 2 morning, Fosun responded swiftly to India's plight and a new batch of medical protective supplies - 100,000 KN95 masks – has arrived inMumbai from Shanghai. This is another rapid aid following Fosun's donation of 5,000...
Fosun Fashion Group Forms Strategic Alliance with Baozun, Activation and Other Industry Partners to Capture Untapped Potential in Luxury Sector
* Fosun Fashion Group is a global luxury platform owning Lanvin, Wolford, St John and Caruso * Baozun is China's leading brand e-commerce service partner and Activation Group isChina's leading integrated marketing solutions provider * With more than 50% of global luxury purchases expected to...
World Malaria Day: Fosun joins in the global fight for a malaria-free world
HONG KONG and SHANGHAI, April 26, 2021 /PRNewswire/ -- At 9pm local time on April 25th, the large screen on the building of 28 Liberty in New York City was lit up with the prominent message "ZERO MALARIA STARTS WITH ME". In the next hour, many visitors passing through stopped to watch the mess...
Fosun International Issues a Letter to Shareholders
HONG KONG, March 31, 2021 /PRNewswire/ -- Fosun International (00656) today released a letter to shareholders, the full text of which is provided below. Dear distinguished shareholders, In 2020, the raging pandemic of novel coronavirus pneumonia ("COVID-19") imposed tremendous challenge to...
Fosun International Announces 2020 Annual Results: Total Revenue Amounted to RMB136.6 Billion, Gathering Strength to Fuel Growth
2020 Annual Results Summary and Recent Highlights: * Total revenue amounted to RMB136.6 billion. Net profit attributable to owners of the parent wasRMB8.02 billion. Industrial operating profit reached RMB8.15 billion. * Global collaboration has been conducted to develop COVID-19 mRNA va...
Fosun International US dollar bond successfully priced
HONG KONG, Oct. 16, 2020 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International", "Fosun" or "the Company") successfully pricedUS$400 million 5-year senior unsecured notes with coupon rate of 5.95% at par on 12 October; concurrently, the Company announced a ten...
Fosun acquires 100% of Tom Tailor GmbH, aiming to rejuvenate the brand
* Fosun acquires Tom Tailor GmbH as a strategic investor with a long-term focus and experience in the industry, taking over 100% of shares in Tom Tailor GmbH * Tom Tailor GmbH and its 3,400 employees can now build on the successful performance seen prior to the COVID-19 outbreak * Based on t...
Fosun International's HSI ESG rating upgraded, Selected as constituent of Hang Seng Corporate Sustainability Benchmark Index
HONG KONG, Sept. 7, 2020 /PRNewswire/ -- On 7 September 2020, the changes in the composition of the Hang Seng Corporate Sustainability Benchmark Index come into effect and Fosun International has been selected as constituent of the benchmark index for the first time. The benchmark index comprises...
Fosun International improves MSCI ESG rating to grade A
HONG KONG, Sept. 1, 2020 /PRNewswire/ -- On 31 August 2020, the world's largest index company MSCI announced the results of Fosun International's 2020 ESG (Environmental, Social and Governance) rating. In recognition of its outstanding performance in its ESG strategy, corporate governance, inform...
Fosun International Announces 2020 Interim Results
HONG KONG and SHANGHAI, Aug. 27, 2020 /PRNewswire/ -- 2020 Interim Results Highlights: * Total revenue amounted to RMB63.27 billion. Profit attributable to owners of the parent reachedRMB2.01 billion. * Financial position remains healthy with abundant cash reserves. Total debt to total capi...
