Other listees include Wan Long, whose WH Group acquired Smithfield Foods in the U.S for $4.7 billion in 2013. and is one of the world’s largest meat processors
Fosun's Hong Kong-traded stock has soared -- gaining 75% from a year ago as of early November and moving co-founder Guo Guangchang, 50, up to No. 16 in China with $10 billion.
Here’s the complete 2016 Forbes China Rich List unveiled on Thursday. The list includes both individual and family fortunes. Click here for a list overview. (Rank, Name, Main Company, Wealth Estimate) 1. Wang Jianlin, Wanda Group, Beijing, $33 billion 2. Jack Ma, Alibaba Group, Hangzhou, $28.2 billion 3. Ma Huateng, Tencent, Shenzhen, $24.5 billion 4. [...]
Fosun International, the China investment firm led by billionaire Guo Guangchang, said Friday net profit in the first six months of the year soared by 97% to 3.6 billion yuan, or $563 mlllion, on the strength of investment gains. Fosun has emerged in recent years as one of China’s most active [...]
Fosun International, one of China’s largest investment firms, fell in Hong Kong trading this morning after the company said it would increase the number of its shares by 6.6% in connection with a sale of stock to outside investors that would raise up to HK$9.3 billion, or $1.2 billion. Fosun, which went public in Hong [...]
The number of billionaires borne from Fosun International, one of China’s largest investment firms, has increased to four after another two of the company’s founders joined the ranks of the world’s richest. Buoyed by a nearly 30% rise in the price of Fosun’s Hong Kong-traded shares in the past year, the [...]
The 2014 Forbes China Rich List includes more than 90 individuals that didn’t make the list a year earlier, including first-time individuals and returning members that made the list in an earlier year. Here are the members of this year’s list that didn’t appear last year. (Rank, Name, Company Name, [...]