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30 · Expert | The Amazing 24-hour of the “Superwoman” Chef de Village
2022-09-30
The fourth issue of “Expert” features Merlin Chelliah from Singapore, who is currently the Chef de Village at Club Med Kiroro Peak in Hokkaido, Japan. In the past 16 years, Merlin, as a G.O, served countless guests at Club Med Bintan, Club Med Beidahu, and Club Med Lijiang and witnessed Club Med’s development. Club Med is the world's leadi
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S&P releases Fosun International’s ESG score report: Fosun International’s ESG score improves significantly.
2022-09-27
(Hong Kong, 27 September 2022) Fosun International Limited (HKEX stock code: 00656) has recently received an update on its S&P CSA ESG score, jumping from 39 points last year to 56 points this year, ranking ahead of 87% of its global peers and significantly ahead of the industry average of 29 points. Fosun International’s performance beats more than 85% of its global peers in business ethics, risk and crisis management, supply chain management, environmental policy and management systems, labor practice indicators, talents attraction & retention, occupational health & safety, customer relationship management as well as other fields.
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Daiwa and Morgan Stanley Reaffirm “Buy” Rating on Fosun
2022-09-23
(23 September 2022) Recently, a number of investment banks have expressed their continuous optimistic views on Fosun International Limited (HKEX stock code: 00656, "Fosun International"). Following Morgan Stanley's third recognition of Fosun International's solid financing capability and reiteration of its "Overweight" rating on Fosun International, Daiwa Capital Markets also issued a research report yesterday, reaffirming its "Buy" rating and target price of HK$10.8 on Fosun International. The firm pointed out that Fosun International’s fundamentals, funds and liquidity position are stable.
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Fosun Contributes the “Power of Fosun” to Building a World-class City of Design | The First World Design Cities Conference
2022-09-22
(22 September 2022) The first World Design Cities Conference (WDCC) organized by the Shanghai Municipal People's Government was held at Huangpu Riverside from 15 to 18 September. As a partner of the WDCC and an innovation-driven consumer group rooted in China and founded in Shanghai, Fosun and Yuyuan, the flagship platform of Fosun’s Happiness segment,
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Fosun Showcases its Innovative Products and Cutting-edge Technologies at BEYOND Expo 2022
2022-09-21
The second BEYOND Expo 2022, focusing on technology innovation and its impact on various industries in society, is being held online from 21 to 27 September. This year’s BEYOND Expo is organized by Macau Technology General Association and supported by Trade Development Bureau of Ministry of Commerce, the State-owned Assets Supervision and Administration Com
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Domestic and Overseas Brands Launch Over 10,000 Limited-time Offers to Hype Up the 920 Fosun Family Season
2022-09-20
The third 920 Fosun Family Season Livestream Shopping Day kicked off on 20 September. During the seven days of the event, more than 30 brands under Fosun will launch promotion campaigns such as more than 10,000 limited-time offers and product giveaways. With just one click, customers may have the opportunity to take home Fosun's good products.The 920 Fosun Family Season
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Fosun Makes an Effort to Build the Grand Yuyuan with Oriental Life Aesthetics
2022-09-20
(20 September 2022) As an important component of the first World Design Cities Conference (WDCC), the thematic event “Design for Happiness - Oriental Life Aesthetics Night” was held at the Binjiang Esports Stadium in Huangpu District, Shanghai on the evening of 17 September 2022. Ruan Li, Deputy Director of Shanghai Municipal Commission of Economy and Informatization, Wang Nai, Deputy Chief of Huangpu District, Xu Xiaoliang, Co-CEO of Fosun International and Chairman of Shanghai International Fashion Federation, and Qi Zhixiang, President of Shanghai Aesthetics Society, attended the event.
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Fosun Establishes Major Technological Innovation Projects in Pudong, Shanghai
2022-09-19
(19 September 2022) The signing ceremony of the strategic cooperation agreement between the Shanghai Federation of Industry and Commerce (SFIC) and the Pudong New Area, and the signing ceremony of private enterprises’ investment projects were held at the Zhangjiang Science Hall on 16 September. Projects such as Intuitive Fosun's headquarters and industrialization base project were signed at the signing ceremony. Wang Qunbin, Co-Chairman of Fosun International Limited (HKEX stock code: 00656), said that Fosun which is rooted in China, will continue to strengthen its presence in Shanghai, and take this signing as a new start to deeply integrate into the construction of Pudong Leading Pilot Zone and contribute “the Power of Fosun” to the new chapter of Pudong, Shanghai.
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Fosun’s Debt Stands at RMB100 Billion, Corresponding to Total Assets of RMB270 Billion
2022-09-19
(19 September 2022) Fosun International Limited (HKEX stock code: 00656, “Fosun International”) said a major international investment bank Morgan Stanley has reiterated its “Overweight” rating on Fosun International with a target price of HK$11.4.In the first half of 2022, Fosun achieved sustainable growth in its revenue, with a total revenue of RMB82.89 billion, represent