5 stories mentioning HKG:0656Updated 12d ago
Every FINWIRES story that references HKG:0656, newest first.
Fosun International (HKG:0656) expects an attributable profit of between 1.5 billion yuan and 1.8 billion yuan for the first half of 2026, up 127% to 172% from 660 million a year prior.The conglomerate attributed the forecast to strong resilience by its core industries, a boost in operating quality, and a significantly higher profit from industrial operations, according to a Wednesday Hong Kong bourse filing.
Fosun International (HKG:0656) has begun construction of its first residential project in Hong Kong's Clear Water Bay, according to a report by The Standard on Monday.Under the project, which involves an investment of over HK$10 billion, the company plans to launch over 800 residential units as early as late next year.The first phase is scheduled to be completed by 2030, while presales are targeted to begin between late next year and early 2028.Fosun International did not immediately respond to' queries.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Fosun International (HKG:0656) has shortlisted banks for a planned listing of its holiday resort operator Club Med SAS in Hong Kong, Bloomberg News reported Tuesday, citing people familiar with the matter.The firm has hired BNP Paribas, HSBC Holdings and JPMorgan Chase on the potential IPO that could raise at least $500 million, the people told the news agency.The report cautioned that the details were preliminary and subject to change.Club Med chief executive Stephane Maquaire previously said that an IPO might happen at the end of this year or in 2027, either in Hong Kong or Amsterdam, Bloomberg reported.Fosun did not respond to a comment request from Bloomberg, while representatives from BNP, HSBC and JPMorgan declined to comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Fosun International (HKG:0656) recorded 23.40 billion yuan in attributable loss for 2025, widening from a loss of 4.35 billion yuan in 2024, according to a Hong Kong bourse filing Tuesday.The conglomerate's shares were down 1% in afternoon trade Wednesday.Loss per share was 2.88 yuan, compared with 0.53 yuan in the prior year.Revenue fell 9.7% year on year to 173.4 billion yuan, figures showed.
Shanghai Yuyuan Tourist Mart's (SHA:600655) attributable profit surged 203% to 157 million yuan in the first quarter of 2026 from 51.8 million yuan a year prior, according to a Thursday Hong Kong bourse filing by parent Fosun International (HKG:0656).Revenue from operations increased 9.9% to 9.65 billion yuan from 8.78 billion yuan in the year-ago period.
