CEO Liang Xinjun tells FinanceAsia that Fosun will narrow its M&A focus. He spoke as new details emerged on the reason behind the chairman's disappearance.
Guo Guangchang, chairman of China’s biggest privately owned conglomerate, made his first public appearance after being held for four days by the authorities.
When the reported disappearance of Guo Guangchang, chairman of Fosun Group, rippled through markets, it exposed the “key man” risk for investing in Chinese companies.
Liang Xinjun, chief executive, tells FinanceAsia he expects to make European and Japanese acquisitions during 2015 and says the Chinese conglomerate's leverage has peaked.
CEO Liang Xinjun talks to FinanceAsia about the shift from a Chinese industrial conglomerate to a global investment group. The interview comes as Fosun launches a rights offering.