Fosun International

"Fosun" redirects here. For other uses, see Fosun (disambiguation).
Fosun International
Traded as SEHK: 00656
Industry Conglomerate
  • 1992 (1992)
  • 24 December 2004 (2004-12-24) (as Fosun Intl.)
  • Shanghai, China (de facto)
  • Hong Kong (registered office)
Key people
  • Chairman: Guo Guangchang
  • CEO: Liang Xinjun
  • President: Wang Qunbin
Services Diversified Investments
Owner Fosun International Holdings (71.48%)
Parent Fosun International Holdings
Fosun International Limited
Simplified Chinese 复星国际有限公司
Traditional Chinese 復星國際有限公司
Fosun International
Simplified Chinese 复星国际
Traditional Chinese 復星國際

Fosun International Limited is a Chinese international conglomerate and investment company.[1] Founded in 1992 by Guo Guangchang and 4 other people, the company is headquartered in Shanghai and was incorporated in Hong Kong in 2004. Its CEO is Liang Xinjun.


Fosun Group was founded in 1992 by five graduates of Fudan University: Guo Guangchang, Liang Xinjun, Wang Qunbin (Chinese: 汪群斌), Fan Wei (Chinese: 范伟), and Tan Jian (Chinese: 谈剑).[2] The major holding company of the group, Fosun High Technology was incorporated in 1994 in the mainland China.

In the 1990s, Fosun started its business by doing market research. Then Fosun extended its business into the healthcare industry, real estate, etc.[2] In 2004, a new holding company of the group, Fosun International Limited was incorporated in Hong Kong. In July 2007, Fosun International was listed on the main board of the Hong Kong Stock Exchange as SEHK: 00656.[2]

During 2011, the three major growth engines of Fosun, industrial profits, investment profits and asset management profits rose rapidly, enabling Fosun to make strides toward its vision of becoming "a premium investment group with a focus on China's growth momentum".

From 2010 through 2015, Fosun has spent billions buying foreign firms and says it is looking at healthcare, tourism, fashion firms and banks in the US and Europe. These include France's Club Med, Britain's Thomas Cook Group, Canada's Cirque du Soleil, American clothing label St John, and Greek jeweler Folli Follie.[3][4] At the end of 2014 it was announced, that Fosun would be acquiring the US insurer Meadowbrook for around $433 million, marking the first full purchase of a US insurer by a Chinese company.[5]

On 11 December 2015, it was reported that the chairman of Fosun, the billionaire Guo Guangchang has disappeared, and it is speculated that he was questioned by government authorities in an inquiry stemming from Party General Secretary Xi Jinping’s anti-corruption efforts. Guo however reappeared on 14 December 2015 at a Fosun board of directors meeting. During his disappearance, Fosun requested that trading of shares in a Hong Kong-listed subsidiary be temporarily suspended.[6] The Fosun board of directors issued a statement saying that Guo was assisting in a government inquiry which, in their opinion, did not present a “material adverse impact” on Fosun's finances or operations.[7]

On 21 July 2016, it was confirmed that Fosun had bought the English football club Wolverhampton Wanderers from its previous owner Steve Morgan for an estimated £45 million.[8][9]


Fosun's businesses cover industrial operations, investment, asset management, and insurance with many subsidiary companies in each business.

Industrial operations:


Asset management:


Real estate:

Private hospitals:

Entertainment :

Private equity funds managed

Joint ventures

Equity investments

Former portfolio companies


In July 2011, Fosun ranked No. 81 among Fortune (China)'s top 500 enterprises of China. In December 2011, Fosun was awarded "2011 Top Chinese Non-state owned Enterprises of CSR" by Southern Weekend. In April 2012, Fosun was no. 1136 in Forbes Global Top 2000 enterprises.


The major shareholder of Fosun International was a Hong Kong incorporated company Fosun Holdings,[12] which was a wholly owned subsidiary of British Virgin Islands incorporated company Fosun International Holdings. Three founders of Fosun International, Guo Guangchang, Liang Xinjun and Wang Qunbin, owned 64.45%, 24.44% and 11.11% respectively in Fosun International Holdings.[12] Fan Wei, another founder, withdrew his stake in Fosun International Holdings in September 2015.[12]


  1. 1 2 3 "Fosun Story - Profile, CEO, Founder, History | Business Companies | SuccessStory". Retrieved 17 March 2016.
  2. "Bloated but still bingeing". The Economist. ISSN 0013-0613. Retrieved 15 June 2016.
  3. "China's Fosun joins bidding war for Portuguese hospital operator". BBC News. 23 September 2014. Retrieved 23 September 2014.
  4. China's Fosun to buy U.S. insurer to help finance acquisition spree. Reuters, 30 December 2014
  5. Chinese tycoon Guo Guangchang reported missing., BBC News, 11 December 2015. Retrieved 11 December 2015.
  6. "Another turn of the screw". The Economist. ISSN 0013-0613. Retrieved 30 December 2015.
  7. "Fosun Group Takes Over Wolves". Wolverhampton Wanderers. 21 July 2016.
  8. "Wolves bought by Chinese conglomerate Fosun International for £45m". BBC Sport. 21 July 2016. Retrieved 30 July 2016.
  9. "2016 THIRD QUARTERLY REPORT" (PDF). Fosun Pharmaceutical. Hong Kong Stock Exchange. 28 October 2016. Retrieved 20 November 2016.
  10. Kang, Xiaoxiao (5 March 2013). "Fosun Pharma bidding $22.5 mln for U.S. Saladax". Morning Whistle. Retrieved 3 April 2013.
  11. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 "2015 Annual Report" (PDF). Fosun International. Hong Kong Stock Exchange. 28 April 2016. Retrieved 19 November 2016.
  12. Missing or empty |title= (help)
  13. "Fosun joins hands with Secret Recipe of Malaysia". Fosun. 15 February 2014. Archived from the original on 4 April 2016. Retrieved 4 April 2016.
  14. "Chinesa Fosun confirma compra da gestora Rio Bravo". (in Portuguese). Valor Econômico. 29 July 2016. Retrieved 6 October 2016.
  15. "Chinese Firm Is Behind a Group Bidding for Club Med". 27 May 2013. Retrieved 30 July 2016.
  16. "2016 Interim Report" (PDF). China Minsheng Bank. Hong Kong Stock Exchange. 22 September 2016. Retrieved 20 November 2016.
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