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/ |