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China's private conglomerate the Fosun Group will raise more funds this year to put into the luxury, consumer goods and food chain sectors overseas, a move in keeping with the company's ambition to expand its overseas presence. "Aside from the fund
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China's private conglomerate Fosun Group and Prudential Financial Inc have formed a $600 million private-equity fund to invest in high-growth companies that bank on China's attractive business climate. In a signing ceremony on Thursday, Prudential
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Fosun Pharmaceutical (Group) Co Ltd announced on Wednesday that it will establish a joint venture with the US-based healthcare company Chindex International Inc to explore the domestic medical device market. Fosun will hold a 51 percent stake after
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