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Fosun agrees to buy Asahi’s stake in Tsingtao Brewery

FosunInternationalLimited,aChineseinternationalconglomerateandinvestmentcompany,issecuringa17.99percentstakeintheTsingtaoBreweryfromJapan’sAsahiGroupHoldingsina

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China's Fosun bids for Portuguese bank's share

Shares in Portugal's Banco Comercial Portugues were volatile Monday after China's Fosun made a surprise offer to take an almost 17 percent stake in the country's largest listed bank by assets.

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China billionaire Guo Guangchang unreachable, Caixin reports

The billionaire chairman of Chinese conglomerate Fosun Group has become unreachable, Caixin magazine reported on its website, citing people it didn’t identify.