FOSUN INTERNATIONAL RAISES US$1.5 BILLION IN IPO

Fosun International, one of China's largest privately-owned conglomerates, has raised HK$11.54 billion (US$1.5 billion) through its July 16 2007 initial…

2 minute readJuly 02, 2007 at 12:58 AM

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Fosun International, one of China's largest privately-owned conglomerates, has raised HK$11.54 billion (US$1.5 billion) through its July 16 2007 initial public offering (IPO) on the Hong Kong stock exchange.

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