Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. Fosun International Limited
  6. News
  7. Summary
    656   HK0656038673

FOSUN INTERNATIONAL LIMITED

(656)
  Report
Delayed Hong Kong Stock Exchange  -  03:38:27 2023-05-30 am EDT
5.130 HKD   +1.38%
05/21Blackstone acquires International Gemological Institute
RE
05/21Blackstone acquires International Gemological Institute
RE
05/19Portugal's Luz Saúde Reportedly Planning IPO With EUR1 Billion Valuation
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Fosun International : Fosun will increase investment in Hainan

05/19/2012 | 02:21am EDT
Fosun will increase investment in Hainan 2012-05-19

(18 May 2012 - Haikou, China )  "To better serve its 'green rise' and the project of International Travelling Island, Fosun's going to increase the investment in Hainan", said Guo Guangchang, the chairman of Fosun Group, on today's CIFIC of China's outstanding non-state-owned companies.  During the interview for Guo and other prominent entrepreneurs of China, Luo Baoming, the party secretary for Hainan province declared that the provincial government would like to support more outstanding non-state-owned companies to participate in this province's "scientific development" and "green rise" strategies.
   "Changing with each passing day" were the five words which Guo used to describe the transforming of Hainan, "When I first came here in Hainan, 1988, there was only one traffic light in Haikou city. But today, this place has become a world-famous island tourist destination".  Guo said that Fosun had invested in industries including Mining, IT, Pharma, etc. "We will launch new investments around the project of Hainan International Travelling Island in the near future".
   Guo also said that nowadays Hainan's tourism sector has developed to a sizable scale. However it's also in a structural adjustment phase from the quantitative to qualitative changes. As for hotel industry, while there is an abundance of hotels targeted to business travellers in Hainan industry, distinctive resorts, especially those with international awareness still face the issue of structural adjustment. It can add international tourists enormously if we introduce some distinctive resorts which have international reputation. This would be of great value for propelling Hainan's tourist structure and balancing the tourism consumption between pick season and off season.

distributed by

© Publicnow 2012
All news about FOSUN INTERNATIONAL LIMITED
05/21Blackstone acquires International Gemological Institute
RE
05/21Blackstone acquires International Gemological Institute
RE
05/19Portugal's Luz Saúde Reportedly Planning IPO With EUR1 Billion Valuation
MT
05/19Exclusive-Fidelidade plans IPO of private hospital unit Luz Saude -sources
RE
05/17Blackstone Reportedly Set to Buy IGI for Up to $550 Million
CI
05/12Fosun's Strategy of "Streamlining the Organization" Begins to Bear Fruit and Offshore S..
AQ
05/11Fosun International : A Forward-Looking Strategy for Sustainable Momentum; Focusing on Cor..
PU
05/04Generali agrees sale of German specialised pension unit to Fosun-backed company
RE
04/28Fosun International Unit Logs 3.61% Boost in January to March Profit
MT
04/28Chen Qiyu : Fosun's Global Operationsand Technology Innovation-led Strategy Help Create Ha..
PU
More news
Analyst Recommendations on FOSUN INTERNATIONAL LIMITED
More recommendations
Financials
Sales 2023 193 B 27 226 M 27 226 M
Net income 2023 10 001 M 1 414 M 1 414 M
Net Debt 2023 137 B 19 435 M 19 435 M
P/E ratio 2023 3,77x
Yield 2023 6,04%
Capitalization 37 558 M 5 309 M 5 309 M
EV / Sales 2023 0,91x
EV / Sales 2024 0,84x
Nbr of Employees 108 000
Free-Float 26,3%
Chart FOSUN INTERNATIONAL LIMITED
Duration : Period :
Fosun International Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FOSUN INTERNATIONAL LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Last Close Price 4,57 CNY
Average target price 7,77 CNY
Spread / Average Target 70,0%
EPS Revisions
Managers and Directors
Qi Yu Chen Co-Chief Executive Officer & Executive Director
Xiao Liang Xu Co-Chief Executive Officer & Executive Director
Dong Hui Pan Executive President, Executive Director & Co-CHO
Ping Gong Chief Financial Officer & Executive Director
Guang Chang Guo Co-Chairman
Sector and Competitors
1st jan.Capi. (M$)
FOSUN INTERNATIONAL LIMITED-20.44%5 309
BLACKROCK, INC.-5.13%100 685
UBS GROUP AG4.13%59 252
BROOKFIELD ASSET MANAGEMENT INC.-0.68%50 973
APOLLO GLOBAL MANAGEMENT, INC.2.56%37 120
AMERIPRISE FINANCIAL, INC.-0.72%32 205
-40% off: Our subscriptions help you unlock hidden opportunities!
Subscribe
fermer