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India

Fosun International Ltd (0656.HK)

0656.HK on Hong Kong Stock

14.20HKD
21 Sep 2018
Change (% chg)

HK$0.36 (+2.60%)
Prev Close
HK$13.84
Open
HK$13.94
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HK$14.26
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HK$13.82
Volume
9,269,397
Avg. Vol
8,650,132
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HK$20.20
52-wk Low
HK$12.78

Latest Key Developments (Source: Significant Developments)

Fosun International Updates On Proposed Spin-Off And Separate Listing Of Fosun Tourism Group
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Fosun International Ltd <0656.HK>::PROPOSES SPIN-OFF AND SEPARATE LISTING OF FOSUN TOURISM GROUP ON MAIN BOARD OF HONG KONG STOCK EXCHANGE.FOSUN TOURISM GROUP APPLIES TO STOCK EXCHANGE OF HONG KONG FOR LISTING OF ITS SHARES ON MAIN BOARD OF STOCK EXCHANGE.FOLLOWING COMPLETION OF PROPOSED SPIN-OFF AND LISTING, CO WILL RETAIN NOT MORE THAN 75% EQUITY INTEREST IN FTG.EXPECTS THAT FTG WILL REMAIN A SUBSIDIARY OF COMPANY.EXPECTS THAT UPON PROPOSED SPIN-OFF AND LISTING, THERE WILL BE A PUBLIC FLOAT OF NO LESS THAN 25 PERCENT.INTENDS THAT IF SPIN-OFF, LISTING PROCEEDS, TO OFFER ASSURED ENTITLEMENT VIA PREFERENTIAL APPLICATION TO QUALIFYING SHAREHOLDERS.  Full Article

China's Fosun Says Plans To Invest 20 Billion Yuan In Technical Innovation Over Three Years, More Than 100 Billion Over 10 Years
Wednesday, 29 Aug 2018 

Fosun International Ltd <0656.HK>::SAYS PLANS TO INVEST 20 BILLION YUAN IN TECHNICAL INNOVATION OVER THREE YEARS, MORE THAN 100 BILLION OVER 10 YEARS.  Full Article

Fosun International Posts H1 Profit Attributable Of RMB6.89 Bln
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Fosun International Ltd <0656.HK>::HY REVENUE RMB43,511.8 MILLION VERSUS RMB36,272.8 MILLION.H1 PROFIT ATTRIBUTABLE RMB 6,858.3 MILLION VERSUS RMB 5,864.5 MILLION.  Full Article

Shanghai Fosun Pharmaceutical Group to pay cash dividend of 0.38 yuan per share on Aug. 3
Friday, 27 Jul 2018 

July 27 (Reuters) - Shanghai Fosun Pharmaceutical Group Co Ltd <600196.SS>:Says it will pay a cash dividend of 0.38 yuan per share (before tax) for 2017 to shareholders of record on Aug. 2.The company's shares will be traded ex-right and ex-dividend on Aug. 3 and the dividend will be paid on Aug. 3 .  Full Article

Fosun Considers Takeover Of $10 Bln-Insurer Ageas- Bloomberg
Tuesday, 24 Jul 2018 

July 24 (Reuters) - :FOSUN CONSIDERS TAKEOVER OF $10 BILLION-INSURER AGEAS- BLOOMBERG, CITING SOURCES.  Full Article

Fosun's Unit Is Said To Consider $500 Mln India IPO Of Gland Pharma-Bloomberg
Thursday, 19 Jul 2018 

July 19 (Reuters) - :FOSUN IS SAID TO CONSIDER $500 MILLION INDIA IPO OF GLAND PHARMA-BLOOMBERG, CITING SOURCES.  Full Article

Shanghai Fosun Pharmaceutical Group unit receives approval for drug clinical trial
Thursday, 12 Jul 2018 

July 12(Reuters) - Shanghai Fosun Pharmaceutical Group Co Ltd <600196.SS>:Says its Jiangsu-based biomedical unit received approval for drug clinical trial for a kind of tablet, from China Food and Drug Administration.  Full Article

Fosun International's Unit To Buy Yuanhong Investment For RMB4 Bln
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Fosun International Ltd <0656.HK>::ANNOUNCES ACQUISITION OF YUANHONG INVESTMENT.FOSUN VENTURE CAPITAL TO ACQUIRE EQUITY INTEREST & CREDITOR'S RIGHTS FOR A LOAN OF RMB3.99 BILLION IN YUANHONG INVESTMENT.DEAL FOR RMB4.00 BILLION.YUANHONG INVESTMENT TO BE BOUGHT FROM CHAIRMAN AND ULTIMATE CONTROLLING SHAREHOLDER OF COMPANY, GUO GUANGCHANG.CONSIDERATION TO BE PAID IN CASH AND SATISFIED BY SELF-FUNDED RESOURCES OF GROUP.  Full Article

Shanghai Fosun Pharmaceutical Group unit receives GMP certificate
Wednesday, 27 Jun 2018 

June 27(Reuters) - Shanghai Fosun Pharmaceutical Group Co Ltd <600196.SS>:Says unit received goods manufacture practice (GMP) certificate from Sichuan Food and Drug Administration.Certificate issued to powder-injection manufactured by the unit and the valid period is until May 20, 2023.  Full Article

Fortune Fountain Capital completes acquisition of majority of France's Baccarat
Thursday, 21 Jun 2018 

June 21 (Reuters) - Baccarat SA ::* Completed the acquisition of 88.8% of the share capital of French luxury goods brand Baccarat from affiliates of Starwood Capital Group and L Catterton.* Asian financial group Fortune Fountain Capital (FFC) acquired the shares from the Starwood Capital and L Catterton affiliates at a price of €222.7 per share, for around €164m .* FFC does not intend to have Baccarat delisted from Euronext Paris .* Latest example of Chinese group buying up French luxury brand, with Fosun <0656.HK> striking a deal earlier this year to buy French haute couture label Lanvin.  Full Article

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Exclusive: China's Fosun in talks to buy commodity broker Marex Spectron - sources

LONDON Chinese conglomerate Fosun International Ltd is in discussions to buy British-based commodities broker Marex Spectron, two industry sources said.