Fosun in HK$5.18bn refinancing
Chinese conglomerate Fosun International, which owns large stakes in several insurance companies, is planning a HK$5.18bn ($668.1m) rights issue to raise capital.
According to Reuters, the group is seeking capital for "refinancing and for general corporate purposes."
The group, which owns a wide variety of businesses, will issue up to 531.1m rights shares
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