OTC:FOSUY

Positive Revision! Fosun's Ratings Affirmed by S&P Global Ratings

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星期二, 五月 30, 2023
HSBC, China Construction Bank, Exim Bank, Bank of Communications, S&P Global, Industrial and Commercial Bank of China, Bank of China, Hang Seng Bank, China Minsheng Bank, Club Med, Bank of East Asia, Communication, Agricultural Bank, Commercial bank, Shanghai Pudong Development Bank, Commerzbank, Sale, HKEX, Agricultural Bank of China, FTG, Standard Chartered, Bank, Relaxation, Industrial, S&P Global Ratings, Security (finance), Risk management, Fosun International

HONG KONG, May 30, 2023 /PRNewswire/ -- International rating agency S&P Global Ratings issued a report, raising Fosun International Limited's (HKEX stock code: 00656, "Fosun International") rating outlook to stable.

Key Points: 
  • The significant asset disposals and stable credit support from banks enabled Fosun's successful repayment of all concentrated maturing bonds in the past three quarters.
  • As of the end of March 2023, Fosun successfully brought down holding-company debt by about RMB24.0 billion to RMB93.0 billion.
  • S&P Global Ratings affirmed its long-term issuer credit rating and guaranteed senior unsecured notes rating on Fosun, raising Fosun's rating outlook from negative to stable.
  • Amid a challenging global financial backdrop, Fosun's credit indicators assigned by international institutions such as S&P Global Ratings still hold firm thanks to its steadfast implementation of the strategy of "streamlining the organization".

Fosun's Strategy of "Streamlining the Organization" Begins to Bear Fruit and Offshore Syndicated Loan are Launched

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星期五, 五月 12, 2023
HSBC, China Construction Bank, Exim Bank, Happiness, Bank of Communications, Optimism, Industrial and Commercial Bank of China, Fosun Pharma, Bank of China, Daiwa Securities Group, Hang Seng Bank, China Minsheng Bank, Club Med, Bank of East Asia, Communication, Agricultural Bank, Health, Commercial bank, Shanghai Pudong Development Bank, Commerzbank, Sale, Goldman Sachs, US, Euro, Agricultural Bank of China, FTG, Standard Chartered, Bank, Overweight, Relaxation, Guotai Junan Securities, RMB, Security (finance), Fosun International

The offshore syndicated loan was jointly initiated by seven banks including Bank of China, Bank of East Asia, Commerzbank, Hang Seng Bank, HSBC, Natixis Bank, and Standard Chartered Bank as lead bookrunners.

Key Points: 
  • The offshore syndicated loan was jointly initiated by seven banks including Bank of China, Bank of East Asia, Commerzbank, Hang Seng Bank, HSBC, Natixis Bank, and Standard Chartered Bank as lead bookrunners.
  • Since the formation of the syndicate, more than 10 banks have joined and banks may join through the "greenshoe option" in the next three months.
  • In January this year, Fosun's domestic entity obtained a syndicated loan of RMB12 billion.
  • Meanwhile, in the first quarter of 2023, Fosun High Technology successfully redeemed RMB5.93 billion bond in the domestic open market.

The 2023 Bund Art Festival is Coming, Starting a One-stop Art Tour at the Great Yu Garden Area

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星期二, 五月 9, 2023
Taste, Grand Kerala Shopping Festival, Life, Orient, TANGO, Fosun International, Revelation, Festival, Museum of Black Joy, Formation, Song dynasty, Human, Anecdote, Atmosphere, Culture, City, A Tale of Two Cities, Organization, Artist, Map, Wall, AR, Athens Digital Arts Festival, Stunning, Exhibition, Central Square, Artistic language, Eye, Weekend markets in Hong Kong, Humanities, BFC, Beauty, Love, Algorithm, Old Street, Ecology, Painting, Hum, Emotion, Movement, The Bund Finance Center, Artificial intelligence, Invisibility, Qi, Cat, Film industry, Entertainment, Nightclub, Interior design, Huangpu River, Fei-Fei, Art

From May 6th to May 31st, 2023, the third edition of Bund Art Festival is launched on the bund Shanghai, jointly created by the Fosun Foundation, Bund Financial Center (BFC) and Yu Yuan Garden Mall.

Key Points: 
  • From May 6th to May 31st, 2023, the third edition of Bund Art Festival is launched on the bund Shanghai, jointly created by the Fosun Foundation, Bund Financial Center (BFC) and Yu Yuan Garden Mall.
  • At this year's Bund Art Festival, the works of the two art ambassadors, Tan Zhuo and TANGO, hold great significance.
  • Her video installation work, "Revelation," will appear at the Bund Art Festival, using stunning artistic language to converse with the public.
  • As the link between BFC and Yu Yuan Garden Mall, Middle Fangbang Road, transformed into the Bund Cat Street, will connect the one-stop art and travel journey of the Bund Art Festival in the Great Yu Garden area.

International Healthcare Week returns to showcase Hong Kong's strengths in healthcare innovation and investment

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星期四, 五月 4, 2023
HKCEC, Diabetes, GBA, Public, National Administration of Traditional Chinese Medicine, Patient, R, Laboratory, Wellness, National government, Convention center, Noise, Tetraplegia, IHW, University, Research, Genetic distance, Government, USB On-The-Go, HKTDC, Hong Kong Trade Development Council Trade Fairs, Traditional Chinese medicine, AR, D, National Health Commission, International, Health, Brain Trauma Foundation, Hong Kong International Medical Devices and Supplies Fair, Health care, Stroke, Global Health, Rehabilitation, Climate change, Technopolis, Partnership, Activity, HKSAR, Republic, HKSTP, City, AI, Medtech, Summit, Management, Medical device, Pharmaceutical industry, Property management, Film industry, Medical imaging, Biotechnology

"The second IHW provides the perfect opportunity to bring together the world's elite in the medical, research and financial fields in Hong Kong," she added.

Key Points: 
  • "The second IHW provides the perfect opportunity to bring together the world's elite in the medical, research and financial fields in Hong Kong," she added.
  • "Our partnerships make this event very meaningful and highlights the importance of collaboration to drive forward the healthcare industry.
  • They will discuss the latest developments in public health, medical technology and healthcare investment and explore the future of the healthcare ecosystem and opportunities within it.
  • Also on day one, the InnoHealth Showcase and exhibition area at the HKCEC will feature more than 140 healthcare start-ups.

Fosun International Issued its 2022 ESG Report and the First TCFD Report

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星期二, 五月 2, 2023

HONG KONG, May 2, 2023 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today issued the Environmental, Social and Governance (ESG) Report 2022 (the "ESG Report"). Facing the increasingly severe challenges of global climate change, Fosun based on the Task Force on Climate-Related Financial Disclosures ("TCFD") recommendations, disclosed its climate-related financial risks voluntarily and issued its first Task Force on Climate-Related Financial Disclosures report (the "TCFD Report"), with a view to striving to build a long-term climate adaptive capacity and drive the transformation towards a low-carbon economy through supporting and implementing the TCFD recommendations.

Key Points: 
  • HONG KONG, May 2, 2023 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today issued the Environmental, Social and Governance (ESG) Report 2022 (the "ESG Report").
  • The ESG Report comprehensively demonstrated Fosun International's ESG strategies, practices and achievements in 2022 to stakeholders including shareholders, customers and consumers, employees, governments, partners and the general public.
  • At the management and decision level, Fosun has established an ESG Executive Committee under the management to provide decision support for the implementation of ESG strategies.
  • For more information on Fosun's ESG, please refer to Fosun International's ESG Report 2022 posted on:
    The electronic copy of the TCFD Report 2022 is available on the Company's sustainability webpage:

Fosun together with Alipay Release Vouchers Worth RMB1.5 Billion to Help Stimulate Consumption of May 5 Shopping Festival

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星期五, 四月 28, 2023
Yu Garden, Travel, Tourism, Life, Culture, The Bund Finance Center, Internet, What We Do in the Shadows (TV series), Beauty, Night market, Child, Commerce, Ant Group, Happiness, Sport, Digital, Bund, Health, Family, Yuyuan Garden station, Music, Fosun International, Alipay

Consumption boom boosts the local economies which have further launched various favorable measures to stimulate nationwide consumption.

Key Points: 
  • Consumption boom boosts the local economies which have further launched various favorable measures to stimulate nationwide consumption.
  • The 515 Fosun Family Day, a significant part of the "May 5 Shopping Festival" this year, will be heavily linked with the festival to help continuous release of potential consumption.
  • Shanghai Watch and other classic brands of Fosun Family will be rolling out during the "May 5 Shopping Festival".
  • Fosun will distribute consumption vouchers worth a total of over RMB1.5 billion via Alipay to help boost the spending of the May 5 Shopping Festival through a combination of online and offline scenarios.

Fosun Collaborates with Non-profit Organizations to Provide "Chinese Solutions" to Jointly Build a Malaria-free World

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星期四, 四月 27, 2023

Leveraging its innovation and global operations capabilities built up over the past 30 years, Fosun continues to seek better solutions and has partnered with non-profit organizations to help the world become "malaria-free".

Key Points: 
  • Leveraging its innovation and global operations capabilities built up over the past 30 years, Fosun continues to seek better solutions and has partnered with non-profit organizations to help the world become "malaria-free".
  • Tens of thousands of fans joined both the host and away teams in spreading the idea of "building a malaria-free world" throughout the world that evening.
  • Fosun International chairman Guo Guangchang said, "We have taken root in Shanghai and are working for the whole world.
  • We will uphold our original aspiration of 'Contribution to Society' and help more people around the world enjoy a healthier and happier life.