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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
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Solemn Statement
2022-09-16
On 16 September 2022, a document named "Minutes of an Interview with Experts of a Bank" started to spread on the internet and it constituted a malicious defamation of Fosun. It is a complete fabrication. We condemn the act of starting and spreading such malicious rumour and have reported the case to the public security authorities. We vow to have the wrongdoer
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Fosun Presents its Brands and Projects at the First World Design Cities Conference
2022-09-16
The first World Design Cities Conference (WDCC) organized by the Shanghai Municipal People's Government officially opened on 15 September. As a strategic partner of the WDCC, Fosun presented its various businesses and brands at the conference, focusing on urban design, intangible cultural heritage design, folk design, fashion design and product design&
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Hong Kong Economic Journal: Fosun’s Globalization Strategy Promotes Innovation and the Sustainable Development of ESG Globally
2022-09-15
(15 September 2022) Recently, Hong Kong’s financial newspaper, Hong Kong Economic Journal (HKEJ), has conducted an interview with Chen Qiyu, Executive Director and Co-CEO of Fosun International. The article, which was published this morning, mentioned that Fosun’s solid results in the first half of the year and its transparent financial strategy have been recognized by many international investment banks; Fosun’s globalization strategy promoted sustainable business development; outstanding technology and innovation are the keys to success; Fosun regards talents as an important asset of the Group; and Fosun International’s outstanding ESG performance has been recognized by global professional organizations. The following is the full text of the article:
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Fosun Group Visited Beijing SASAC, Conducted discussion on relevant cooperation
2022-09-14
In the morning of 14 September 2022, Zhu Wenkui, Secretary of the Party Committee of Fosun and Vice President of Fosun International, visited relevant leaders of the State-owned Assets Supervision and Administration Commission of People’s Government of Beijing Municipality (Beijing SASAC) in Beijing.The two parties conducted in-depth exchanges on the long-term coop
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Fosun: Foreign Media Reports about “Regulatory Authorities Asking Banks to Examine their Exposure to Fosun” are Completely False
2022-09-14
In response to foreign media reports about “Chinese regulatory authorities asking banks and some of the state-owned companies to examine their exposure to Fosun” on 13 September, Fosun said such reports are completely false.