Shanghai Billionaire Guo Guangchang’s Fosun Slides On $1.2 Bln Stock Sale

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Fosun International, one of China’s largest investment firms, fell in Hong Kong trading this morning after the company said it would increase the number of its shares by 6.6% in connection with a sale of stock to outside investors that would raise up to HK$9.3 billion, or $1.2 billion. Fosun, which went public in Hong […]

Vía Forbes Real Time http://ift.tt/1K3pXXS