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FOSUN INTL Chair: Firm Exits Core Assets This Yr, Aiming to Continue Debt Cuts and Upgrade to 'Investment Grade'
2024-12-23 09:00:04
Guo Guangchang, Chairman of FOSUN INTL (00656.HK), said that the company has exited non-core and non-primary assets as well as heavy assets this year. In addition to continuing to reduce debt, the company aims to achieve an "investment grade" rating and, more importantly, adjust the asset structure while focusing on a clear strategic path for the development of core businesses.

Guo also mentioned that FOSUN INTL announced this year privatization plans for HENLIUS (02696.HK) and FOSUN TOURISM (01992.HK), involving the pharmaceutical and tourism sectors where the company has already established advantages. He hoped that the company could accelerate development more flexibly in the future after privatization.
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