Wednesday, May 29, 2013

Chinese Club Med Investor Fosun International's Business Empire ...

Yesterday?s?word of a planned buyout of French resort operator Club Med?as a precusor to?a deeper?push into emerging markets (see story here)?puts the spotlight on one of the two main shareholders involved in the purchase,? the Fosun Group of China, which has?emerged as one of?the country?s?largest investment companies since it was set up in 1992.

Two Fosun founders, Guo Guangchang and Liang Xinjun, are members of the 2013 Forbes Billionaires List.? Fosun International Fosun International, the group?s main investment holding company, trades?at the?Hong Kong Stock Exchange. (Note: Fosun Media is a licensing partner in China for Forbes Media.)

Here is an overview of Fosun International?s business empire, arranged by industry.? Investee company names are followed by the stock ticker (if applicable) and Fosun International?s stake as reported in its 2012 report.? ?

INSURANCE

? Pramerica Fosun Life Insurance (50%)

? Yong?an P&C Insurance (18.1%)

?? Peak Reinsurance (84%) ?

INDUSTRIAL OPERATIONS

? Forte (99%)

? Fosun Pharma (600196.SH, 02196.HK, 41%)

? Sinopharm (01099 HK, 32% owned by Fosun Pharma)

? Hainan Mining (60%)

? Nanjing Nangang (60%)

?? Nanjing Iron (600282.HK, 84% owned by Nanjing Nangang)??

INVESTMENTS

?Yuyuan (600655.SH, 17%)

?Jianlong Group (26%)

?Shanjiaowulin (20%)

?Zhaojin Mining (01818.HK, 8%)

?Focus Media (FMCN, 17%)

Source: http://thenewsbuzz.com/chinese-club-med-investor-fosun-internationals-business-empire-forbes/

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