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Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
| 4.53 HKD | +1.57% |
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+6.59% | -1.31% |
| Apr. 23 | Portugal's Fidelidade says it decided not to move forward with Luz Saude's IPO | RE |
| Apr. 23 | Fosun International Unit Logs 236 Million Euro in 2023 Profit | MT |
(Reuters) - Chinese conglomerate Fosun International said on Wednesday three of its units will sell a combined 60% stake in Nanjing Nangang Iron & Steel United for up to 16 billion yuan ($2.21 billion) to steel manufacturer Jiangsu Shagang Group.
Earlier this year, Fosun also agreed to sell its 4.89% stake in Tsingtao Brewery Co Ltd and is reducing its stake in Fosun Tourism too.
The remaining 40% stake in Nanjing Nangang Iron & Steel United is held by Nanjing Iron & Steel Group.
Shares of Fosun were halted on Oct. 17 and the company has applied to resume trading on Oct. 20.
($1 = 7.2267 Chinese yuan renminbi)
(Reporting by Navya Mittal in Bengaluru; Editing by Devika Syamnath)
Price
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 55.6 HKD | +1.65% | +8.07% | 12.27B | ||
| 7.26 CNH | +0.08% | +0.14% | - | ||
| 4.11 CNY | +0.49% | +0.98% | 1.24B | ||
| 3.77 HKD | +1.62% | +19.30% | 589M | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -1.31% | 4.66B | |
| -6.67% | 113B | |
| -4.37% | 87.7B | |
| +20.96% | 63.57B | |
| +3.41% | 60.75B | |
| +9.86% | 42.76B | |
| +8.18% | 40.93B | |
| +17.43% | 34.26B | |
| +1.06% | 24.34B | |
| -5.38% | 22.1B |
FOSUN INTERNATIONAL LIMITED 
