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Some of China's largest private companies have decided to unite to develop overseas markets, as an increasing number of them aspire to develop into global players...It has more than 100 members, including some of the country's biggest private
The situation has reversed, said Ralph Jaeger, a senior research consultant for Cambridge Associates, an investment consultancy firm...Today you have to go outside China to find companies at a discount. In some ways, Fosun is the Chinese version of
One of the largest Chinese private conglomerates, Shanghai Fosun High Technology (Group) Co Ltd (Fosun Group), is capable of managing assets of more than 1 trillion yuan ($150 billion) with its private equity platforms, said a top company official.
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
Club Med hopes to make China the No 2 market in the next five years while Fosun is keen to invest in Club Med, whose all-in one, integrated resorts appeal to well-heeled Chinese. Fosun's board is chaired by the tycoon Guo Guangchang, one of China's
HK>, China's largest non-state-owned conglomerate, to launch a yuan-denominated private equity fund, Fosun said. The two companies signed an agreement in Shanghai on Wednesday to establish a strategic relationship, under which Carlyle and Fosun will