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Fosun International Ltd (0656.HK)

0656.HK on Hong Kong Stock

12.08HKD
26 May 2017
Change (% chg)

HK$0.38 (+3.25%)
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Latest Key Developments (Source: Significant Developments)

Fosun International says units and Yuyuan enter sale and purchase agreement
Thursday, 25 May 2017 10:57am EDT 

May 25 (Reuters) - Fosun International Ltd <0656.HK>:Board has approved reorganization and vendors and Yuyuan entered into sale and purchase agreement.Deal for rmb24.16 billion.Vendors to sell sale shares, which shall be settled by issue of consideration shares at issue price of rmb9.98 per consideration share.  Full Article

Fosun International progress update on completion of disposal of Ironshore Inc
Monday, 1 May 2017 06:04pm EDT 

May 2 (Reuters) - Fosun International Ltd <0656.HK>:Progress update on discloseable transaction completion of disposal of 100% of outstanding ordinary shares of ironshore inc.  Full Article

Fosun International updates on acquisition of controlling interest in Gland Pharma
Monday, 24 Apr 2017 07:09am EDT 

April 24 (Reuters) - Fosun International Ltd <0656.HK> ::Progress on acquisition of controlling interest in Gland Pharma Limited.Termination date was extended to 27 april 2017 in accordance with share purchase agreement.Fosun Pharma, buyer, KKR, founder shareholders & target co entered into amendment agreement to extend termination date.  Full Article

Fanhua announces strategic investment from Fosun
Thursday, 6 Apr 2017 08:20am EDT 

Fanhua Inc : Fanhua announces strategic investment from Fosun . Fanhua inc says completion of a private placement of 66 million ordinary shares of co at us$0.44185 per ordinary share by fosun industrial holdings .Fanhua inc says fosun holds 5.34% of equity interests in company post-closing.  Full Article

Fosun International says Ding Guoqi has resigned as Executive Director
Tuesday, 28 Mar 2017 11:19am EDT 

Fosun International Ltd <0656.HK>: Ding guoqi has resigned as an executive director and senior vice president . Wang qunbin, an executive director of company, has been re-designated as chief executive officer . Liang xinjun has resigned as an executive director, vice chairman, chief executive officer . Wang can has been appointed as an executive director and senior vice president of company . Gong ping has been appointed as an executive director and senior vice president of company . Xu xiaoliang, an executive director of company, has been appointed as co-president of company with effect from 28 march 2017 . Kang lan has been appointed as an executive director and senior vice president of company .Chen qiyu, executive director of company, has been appointed as co- president of company.  Full Article

Fosun International posts FY net profit of RMB10.27 bln vs RMB8.04 bln
Tuesday, 28 Mar 2017 11:14am EDT 

Fosun International Ltd <0656.HK>: FY net profit RMB 10,268.2 million versus rmb 8,038.3 million . Fy revenue RMB 73,966.6 million versus rmb 78,796.9 million .Recommend payment of a final dividend of hkd0.21 per ordinary share.  Full Article

Aviva looks to sell Friends Provident International for up to $750 mln- WSJ, citing sources
Tuesday, 28 Mar 2017 01:29am EDT 

: UK's Aviva looks to sell Friends Provident International for up to $750 million - WSJ, citing sources .Potential buyers for the unit include China's Fosun - WSJ, citing sources.  Full Article

Fosun International raises stake in Portugal's BCP
Tuesday, 7 Feb 2017 08:29pm EST 

Fosun International Ltd <0656.HK>: Chiado (Luxembourg), indirect unit holds approximately 23.92% of share capital of Banco Comercial Portuguê .Total consideration under rights issue subscription amounted to approximately 374 million euro.  Full Article

Fosun International raises stake in Portugal's BCP<0656.HK>
Tuesday, 7 Feb 2017 06:32pm EST 

Fosun International Ltd <0656.HK>: Chiado (Luxembourg), indirect unit holds approximately 23.92% of share capital of Banco Comercial Portuguê .Total consideration under rights issue subscription amounted to approximately 374 million euro.  Full Article

PAREF enters into exclusivity talk with Fosun Property Holdings
Monday, 6 Feb 2017 01:03pm EST 

PAREF SA : PAREF announces it enters into exclusivity talk with Fosun Property Holdings . Fosun wants to acquire four shareholders of PAREF (APICIL, GESCO, MO1 and the Lévy-Lambert group), representing 50.01 pct of the capital and voting rights . PAREF granted Fosun Property Holdings limited a period of exclusivity .If negotiations are successful, acquisition will be followed by filing of a simplified tender offer at the unit price from 75 euros per share.  Full Article

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Russian state fund could invest in miner Polyus with China's Fosun: source

MOSCOW/HONG KONG The state-backed Russian Direct Investment Fund (RDIF) and China's Fosun International Ltd could announce an investment in Russia's top gold producer Polyus in early June, a source familiar with the talks told Reuters.