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Fosun International: The Hidden Gem Ready to Shine – Co-CEO Chen Qiyu on Unlocking True Value for Investors
2024-10-07
Source: Global Banking & Finance Review (issue 66)Date: 7, October 2024Chinese multinational conglomerate Fosun International Limited is a global innovation-driven consumer group whose mission is “creating happier lives for families worldwide.” Since its inception in 1992, Fosun has accumulated profound technology and innovation capabilities and a significant indus
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Fosun successfully concluded 2024 sustainability-linked syndicated loan through greenshoe, final facility size reaching USD888 million with 25 participating banks
2024-10-02Fosun
(2 October 2024, Hong Kong) Fosun International Limited (HKEX stock code: 00656, “FosunInternational”, “Fosun” or “the Company”) has successfully completed asustainability-linked syndicated loan amounting to USD888 million. The loan wasinitially launched earlier this year in May with first close of USD603 million,followed by Greenshoe accessions. The final size r
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Fitch upgrades Fidelidade's rating
2024-09-29
The international rating agency has upgraded the insurer ratings to A+ and A in the long-term.Lisbon, September 27, 2024.The American rating agency Fitch announced today that it has upgraded Fidelidade’s ratings from A to A+ (IFS – Insurer Financial Strength) and from A- to A (IDR – Issuer Default Rating), maintaining a stable outlook. These are the highest Fitch
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Henlius Receives Positive CHMP Opinion for HANSIZHUANG as First-Line Treatment for Extensive-Stage Small Cell Lung Cancer
2024-09-21
·HANSIZHUANG (serplulimab) is the world’s first anti-PD-1 mAb for first-line treatment of ES-SCLC -·HANSIZHUANG (serplulimab) is expected to become the first and only anti-PD-1 monoclonal antibody available in Europe for first-line treatment of ES-SCLC -·HANSIZHUANG (serplulimab) has already been approved in China, Indonesia, Cambodia, and Thailand, benefit
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Fosun Pharma announces NMPA approval for Daxxify®, Marking the license-in of the world’s first and only peptide-powered botulinum toxin product to Mainland China
2024-09-11
(September 10, 2024, Shanghai, China) On September 9, Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (“Fosun Pharma” or “the Group”; Stock Code: 600196.SH; 02196.HK) announced that the Biologics License Application (“BLA”) for the licensed product RT002 (DaxibotulinumtoxinA-lanm, Chinese trademark:达希斐®, English trademark: DAXXIFY®, hereina
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Fosun International Received HSI ESG Rating of AA- for Two Consecutive Years Selected as a Constituent Stock of the Hang Seng Corporate Sustainability Benchmark Index for Five Consecutive Years
2024-09-10
Hang Seng Indexes Company recently announced its latest Sustainability Ratings of listed companies. Fosun International Limited (HKEX stock code: 00656, “Fosun International”) with its outstanding sustainability performance, has received its rating of AA- for two consecutive years, reflecting the high recognition of Fosun International’s performance in the ESG (Environmental
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[Company Results Featured Interview] Globalization and Innovation Fuel Fosun International's Steady Profits and Share Price Upside Potential
2024-09-06
In the first half of 2024, the global macroeconomic environment remained challenging. However, Fosun International (00656), which recently announced its interim results, steadfastly pushed forward its strategic focus. As a result, its four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (“FTG”),
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Fosun’s Management: Globalization + Innovation + Asset-light Operations for Sustained and Stable Profits
2024-08-29
On 29 August 2024, Guo Guangchang, Chairman of Fosun International stated at the Fosun International 2024 interim results presentation that Fosun aims to build a consumer group centered on core industries, ensuring more predictable development and profits. At both the group level and within each business unit, Fosun is committed to creating corporate value for
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Fosun International: Total Revenue for the First Half of 2024 Reaches RMB97.84 Billion, Industrial Operation Profit Amounts to RMB 3.47 Billion
2024-08-28
Fosun International Announces 2024 Interim Results: Powered by Core Strengths, Focus on Core Businesses and Reinforce Organic Growth Momentum 2024 Interim Results Highlights:·Total revenue maintained growth, reaching RMB97.84 billion;·Industrial operation profit maintained growth, reaching RMB3.47 billion;·Continued focus on core businesses, with the four core subsi