Fosun International Limited (FOSUF)
| Previous Close | 0.5248 |
| Open | 0.5350 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.5350 - 0.5350 |
| 52 Week Range | 0.4800 - 0.7300 |
| Volume | |
| Avg. Volume | 290 |
| Market Cap | 4.371B |
| Beta (5Y Monthly) | 0.82 |
| PE Ratio (TTM) | 26.75 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.00 (0.82%) |
| Ex-Dividend Date | Jun 12, 2024 |
| 1y Target Est | N/A |
- South China Morning Post
Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US$731 million to boost liquidity
Fosun International, one of China's largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutcj bank ABN Amro for €672 million (US$731 million). Shanghai-based Fosun, controlled by Chinese billionaire Guo Guangchang, announced on Tuesday that the proceeds of the sale will be used to replenish general working capital. The deal, the second asset sale conducted by Fosun in Europe since mid-April, is exp
- Reuters
ABN Amro to buy German private bank in biggest deal since 2008 financial crisis
(Reuters) -ABN Amro has agreed to buy German private bank Hauck Aufhäuser Lampe (HAL) for 672 million euros ($730 million) from China's Fosun International to expand in wealth management, its largest deal since the global financial crisis. The Dutch bank's deal comes as European lenders seek to diversify their revenues by bulking up in areas such as wealth management and private banking.
- Reuters
Exclusive-Fosun open to sale of Portuguese bank stake, sources say
LONDON/LISBON (Reuters) -Fosun International is open to selling its remaining stake in Portugal's Millennium bcp after disposing of some shares earlier this year, two sources familiar with the matter told Reuters. European lenders including Spain's BBVA and CaixaBank have been sounded out as potential buyers, the second source said. However, CaixaBank has indicated it has little interest in acquiring the stake, that source and a third one familiar with the lender's thinking said.
