Fosun nets $1.48 billion from Hong Kong offering: Chinese firm's shares price at top of range; eye on acquisitions

Authors :: Or, Amy
Li, Joyce
Source :: Wall Street Journal. Europe. July 9, 2007, A26
Publication Year :: 2007
Abstract: Fosun International Ltd., a Chinese conglomerate, raised $1.48 bil from its initial public offering in Hong Kong. The firm placed the price for the 1.25 bil shares at 89.3 cents to $1.18.

Subjects :: Conglomerate corporations -- Securities
Conglomerate corporations -- Finance
Going public (Securities)
Company public offering
Company securities
Company financing
Banking, finance and accounting industries
Business
Business, international

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