HONG KONG: Fosun halted stock trading in Hong Kong on Monday, ahead of an upcoming announcement in what Bloomberg News reported would be the sale of its stake in a steel company to raise much-needed liquidity.
Fosun is one of China's largest private-sector conglomerates with a sprawling empire that includes pharmaceuticals, real estate, tourism and finance.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.