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Fosun International Ltd. - FOSUY STOCK NEWS

Welcome to our dedicated news page for Fosun International Ltd. (Ticker: FOSUY), a resource for investors and traders seeking the latest updates and insights on Fosun International Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fosun International Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fosun International Ltd.'s position in the market.

News
FOSUN FOR GOOD, CREATING IMPACT: Fosun International Issued its 2023 ESG Report and the Second Climate Information Disclosures Report
Rhea-AI Summary
Fosun International issued its 2023 ESG Report and second Climate Information Disclosures Report, emphasizing sustainability and innovation. The company has achieved significant ESG ratings and recognitions, committed to carbon neutrality, and made breakthroughs in innovative drug developments. Fosun's social contributions, employee welfare initiatives, and top-down ESG improvement mechanisms showcase its dedication to sustainable management and value creation.
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Fosun's Subsidiary Fidelidade Announces Listing Plan of Private Health Service Company Luz Saúde
Rhea-AI Summary
Fidelidade's subsidiary Luz Saúde, a leading private healthcare provider in Portugal, plans to seek admission for trading its shares on the Euronext Lisbon stock exchange through a public sale offer. The capital increase of approximately 100 million euros will support Luz Saúde's long-term growth and maintain a robust capital structure. Fosun International's commitment to healthcare accessibility and quality through Luz Saúde and Fidelidade is highlighted.
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Fosun Management on 2023 Annual Results: Focusing on Core Industries with Established Advantages
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Fosun International, led by Chairman Guo Guangchang, reported a focus on sustainable and predictable growth at the 2023 annual results conference. The company achieved a total revenue of RMB198.2 billion and a profit of RMB1.38 billion in 2023, with a reduced total debt and improved liquidity management. International credit agency S&P raised Fosun's rating outlook to 'stable'.
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Guo Guangchang: "Focus on building sustainable, predictable and enterprise with stable profit growth "
Rhea-AI Summary
Fosun International, led by Chairman Guo Guangchang, reported a focus on sustainable growth and stable profits at the 2023 annual results conference. The company achieved a total revenue of RMB198.2 billion and a profit of RMB1.38 billion. Fosun emphasized core business strategies, debt optimization, and asset-light operations for future growth.
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Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY
Rhea-AI Summary
Fosun International (FOSUY) announced its 2023 annual results, showing a total revenue of RMB198.2 billion with a year-on-year increase of 8.6%. Industrial operation profit rose by 20% to RMB4.9 billion. Overseas revenue reached RMB89.2 billion, accounting for 45% of total revenue. The company focused on 'Deep mining' strategy, technology innovation, and asset-light operational capabilities for future growth.
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Fosun Family Season Concludes with Over RMB10 Billion in Sales and Booming Family Consumption
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The 4th Fosun Family Season concludes successfully with total sales exceeding RMB10 billion, highlighting a festive atmosphere and immersive experience. The Lantern Festival featured more than 60 Fosun brands, including Yuyuan Tourist Mart, Atlantis Sanya, and Club Med. The event emphasized stability and progress, with an overseas debut and digital construction. Development from 'IPs' like the Yuyuan Garden Lantern Festival stimulated new momentum, attracting over 700,000 visitors.
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Fosun International Included in S&P Global's Sustainability Yearbook 2024 and Recognized as Industry Mover
Rhea-AI Summary
Fosun International Limited (00656.HK) has been included in the Sustainability Yearbook 2024 by S&P Global and recognized as an Industry Mover for its continuous efforts in environmental, social, and governance (ESG) initiatives. Only 759 companies out of over 9,400 assessed in 62 industries made it to the Yearbook, making membership highly competitive. Fosun International's commitment to ESG has led to a consistent rise in its S&P Global CSA ESG score since 2018, positioning it well ahead of its peers.
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Fosun's S&P Global CSA ESG score jumped significantly, its MSCI ESG rating stood at AA for three consecutive years
Rhea-AI Summary
Fosun International Limited (Fosun, HKEX: 00656) received an S&P Global CSA ESG score of 68 points, significantly ahead of the industry average of 29 points, and an MSCI ESG rating of AA for three consecutive years, making it the only conglomerate in Greater China with such a rating.
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Guo Guangchang's New Year's Message: Steer Through the Rapids, Believe in the Future
Rhea-AI Summary
Fosun Tourism Group (FOSUN) had a successful year in 2023, with impressive tourism rebound and business performance. The company's Atlantis Sanya saw a significant increase in business volume, exceeding RMB1.3 billion in the first three quarters of 2023, representing an 83.2% increase compared to the same period in 2022. Club Med Urban Oasis resorts in Nanjing and Taicang, China, also gained popularity, with Alps Snow Live in Taicang becoming internet-famous. Fosun's disposal of Nanjing Nangang further solidified its focus on core businesses in the household consumption sector. Despite the industry downturn, Nanjing Iron & Steel remained competitive, registering a monthly profit.
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Lanterns Light Up Shanghai and Paris, Fosun Family Season Brings Together More Than 60 Brands to Kick Off the 72-Day Festival Celebrating the Year of the Dragon
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Fosun (FOSUF) kicks off the 72-day festival celebrating the Year of the Dragon, partnering with more than 60 brands to host thousands of events in over 10 countries, including China, France, the United States, Portugal, the United Kingdom, and Japan.
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Fosun International Ltd.

OTC:FOSUY

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FOSUY Stock Data

4.75B
2.13B
Offices of Bank Holding Companies
Management of Companies and Enterprises
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China (Mainland)
Shanghai