Welcome to our dedicated page for Fosun International news (Ticker: FOSUF), a resource for investors and traders seeking the latest updates and insights on Fosun International stock.
Fosun International Limited (FOSUF) operates as a global innovation leader across healthcare, tourism, insurance, and consumer lifestyle sectors. This dedicated news hub provides investors and stakeholders with timely updates on the company's strategic initiatives, financial performance, and market developments.
Access authoritative reporting on earnings announcements, global partnership agreements, and operational milestones that reflect Fosun's asset-light business model. Our curated collection includes press releases about pharmaceutical innovations, tourism expansions, and financial service enhancements that demonstrate the company's commitment to sustainable growth.
Key coverage areas include strategic acquisitions in healthcare technology, updates from Club Med and other tourism brands, and progress reports on Fosun's global ecosystem development. Bookmark this page for efficient tracking of the company's initiatives in digital transformation and cross-industry collaborations.
Fosun International (FOSUY) has released its 2024 ESG Report and third Climate Information Disclosures Report, highlighting its commitment to sustainable development. The company maintained an MSCI ESG rating of AA and ranked in the top 5% among global peers in S&P Global's Corporate Sustainability Assessment.
The company has established concrete climate goals, aiming to peak carbon emissions by 2028 and achieve carbon neutrality by 2050. Notable achievements include completing a USD888 million sustainability-linked syndicated loan and maintaining LEED Platinum certification for the Bund Finance Center in Shanghai.
In healthcare innovation, Fosun's anticancer drug HANSIZHUANG received EU approval for small cell lung cancer treatment, while their artesunate injection has treated over 80 million severe malaria patients globally. The company's total assets reached RMB796.5 billion as of December 2024.
Nanyang Commercial Bank (NCB) and Fosun International (HKEX: 00656) have signed a strategic cooperation agreement on April 24, 2025, marking a new milestone in their 15-year partnership that began in 2010. The agreement aims to strengthen their financial collaboration, with NCB providing comprehensive banking services to support Fosun's future development.
NCB will leverage its cross-border operations expertise while integrating with Fosun's global presence in over 35 countries. The partnership focuses on developing products and services based on complementary advantages and mutual benefits. The agreement was signed at NCB's Hong Kong headquarters, attended by key executives from both companies including Sun Jiandong, Wang Qunbin, and Gong Ping.
Fosun International (HKEX: 00656) has achieved a significant milestone by ranking in the top 1% of S&P Global's Sustainability Yearbook 2025 (China Edition) for the second consecutive year. The company scored 70 in the 2024 S&P Global CSA, outperforming the industry average by approximately 40 points.
Out of more than 1,600 Chinese companies assessed, only about 160 made it to the Yearbook, requiring scores within the top 15% of their industry and a minimum CSA score of 60. Fosun currently ranks among the top 5% of global peers in the CSA.
The company maintains strong ESG credentials, including an MSCI ESG rating of AA since 2021, an HSI ESG rating of AA-, and consistent inclusion in the Hang Seng Corporate Sustainability Benchmark Index. Fosun's commitment to sustainability extends to philanthropy projects in rural revitalization, healthcare, educational equity, and community development.
Fosun International showcased its commitment to the Hainan Free Trade Port (FTP) development at the 2025 Global Investment Promotion Conference. Co-Chairman Wang Qunbin highlighted the company's 20-year presence in Hainan, creating over 6,000 jobs and contributing RMB10 billion in tax revenue.
Key achievements include:
- The Atlantis Sanya resort, which has attracted 27 million visitors
- Hainan Mining's successful expansion with lithium mines in Mali and oil fields in Oman, achieving RMB706 million net profit in 2024 (12.97% YoY increase)
- Eight models of Breas Medical ventilators achieving 'Made in Hainan' status
Future initiatives include developing an AI-themed resort, launching a 20,000-ton annual capacity lithium hydroxide facility with RMB1 billion investment, and expanding healthcare services through the Rural Doctors Program across five locations.
Finloop, an AI-driven institutional wealth management platform under Fosun Wealth Holdings, has been selected as a strategic enterprise by Hong Kong's Office for Attracting Strategic Enterprises (OASES). The company joined 17 other enterprises in signing partnership agreements with the government on April 8, 2025.
Having established its headquarters in Hong Kong in 2024 and becoming a Cyberport tenant in March 2025, Finloop provides comprehensive wealth management solutions including cash management, funds, structured products, bonds, insurance, and virtual assets. The platform features three AI-powered systems: AI Product Manager, AI Investment Advisor, and AI Assistant.
Finloop has positioned itself as a key provider for Cross-boundary Wealth Management Connect 1.0 and 2.0, while also offering solutions for virtual asset ETFs and stablecoin dealings. The company aims to strengthen Hong Kong's position in RWA tokenization and plans to expand throughout the Asia-Pacific region.
Fosun International (FOSUY) reported its 2024 annual results with total revenue of RMB192.14 billion and industrial operation profit of RMB4.9 billion. The company recorded a loss of RMB4.35 billion attributable to owners, primarily due to a non-cash impairment loss from Cainiao investment. Excluding this adjustment, profit was RMB750 million.
Key highlights include:
- Overseas revenue increased from 45% to 49.3%
- Technology innovation investment reached RMB6.9 billion
- Interest-bearing debt stands at over RMB80 billion
The company aims to:
- Double industrial operation profit to RMB10 billion
- Reduce debt to RMB60 billion
- Increase dividend payout ratio
- Achieve investment grade credit ratings
Fosun International (FOSUY) held its 2024 annual results presentation, reporting total revenue of RMB192.14 billion and industrial operation profit of RMB4.9 billion. The company recorded a loss of RMB4.35 billion attributable to owners, primarily due to Cainiao investment value adjustment. Excluding this adjustment, profit was RMB750 million.
Chairman Guo Guangchang emphasized that the financial adjustment was not due to operational issues, highlighting that core businesses remain healthy. The company's overseas revenue comprised 49.3% of total revenue in 2024. Fosun aims to reduce interest-bearing debts from RMB80+ billion to RMB60 billion and targets RMB10 billion in both industrial operation profit and profit attributable to owners in the future.
The company continues its strategy of divesting heavy assets while advancing in innovative industries. Notable developments include the privatization of Fosun Tourism Group, while attempts to privatize Henlius were unsuccessful due to minority shareholder opposition.
Fosun International (FOSUY) Chairman Guo Guangchang's shareholder letter highlights the company's 2024 performance and strategic direction. The company executed significant asset divestments totaling RMB17.5 billion at group level and RMB30.0 billion at consolidated level, focusing on core business streamlining.
Key developments include: overseas revenue reaching 49.3% of total revenue, technology innovation investments of RMB6.9 billion, and premium income growth in insurance operations with Pramerica Fosun Life Insurance surging from RMB4,346 million to RMB9,251 million. The company repaid RMB11.1 billion in matured public bonds and successfully issued USD300 million in offshore bonds.
Fosun's core focus remains on health, tourism, culture, consumption, and insurance sectors, implementing an asset-light strategy while strengthening global operations. The company maintains an MSCI ESG rating of AA for four consecutive years.
Fosun International (FOSUY) reported its 2024 annual results with total revenue of RMB192.14 billion and industrial operation profit of RMB4.9 billion. The company's four core subsidiaries generated RMB134.65 billion, representing 70.1% of total revenue.
Key financial metrics include:
- Total debt to capital ratio: 52%
- Cash and bank balance: RMB106.34 billion
- Overseas revenue: 49.3% (up 6.2% YoY)
- Technology innovation investment: RMB6.9 billion
The Group reported a loss attributable to owners of RMB4.35 billion, primarily due to a one-off non-cash loss. Excluding this effect, profit was RMB0.75 billion. The company completed asset divestments worth RMB17.5 billion at group level and RMB30.0 billion at consolidated level. In November 2024, Fosun successfully returned to the offshore USD bond market and maintained its BB- credit rating with stable outlook from S&P.
Fosun International (FOSUY) has successfully refinanced a USD 870 million equivalent syndicated loan due March 28, 2025. The refinancing includes a new USD 675 million three-year sustainability-linked syndicated loan, jointly led by major Chinese and international banks.
The new loan, representing the largest syndicated loan for a Chinese private enterprise this year, was led by Bank of China, China Construction Bank, Bank of Communications, BNP Paribas, Commerzbank, HSBC, MUFG, and Standard Chartered. The deal includes a greenshoe option for additional bank participation.
Additionally, Fosun High Technology, a wholly-owned subsidiary, secured a RMB 1.23 billion three-year syndicated loan in China. The company also successfully resumed USD bond issuances in November 2024 and January 2025, demonstrating its progress in diversifying financing channels.
