Shanghai Billionaire Guo Guangchang's Fosun Slides On $1.2 Bln Stock Sale

May 12, 2015   |   May 2015 Bond Updates
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.

View more at: http://www.forbes.com/sites/russellflannery/2015/05/11/shanghai-billionaire-guo-guangchangs-fosun-slides-on-1-2-bln-stock-sale/
 
Related News
Home| About us | Contact us http://www.bondupdatesdailynews.com/