BIZARRE: Fosun tourism - You Need To See This

Fosun International Sells Assets as Short-Term Cash Crunch Looms

Key Takeaways: Fosun has sold down its stake in New China Life, its latest move to raise cash as it faces large debt maturing in the next 12 months The company is also selling down stakes in its Fosun Tourism unit, owner of the Club Med resort chain, and appears…

Benzinga · Sep 21, 2022

China tells banks to check exposure to debt-laden Fosun conglomerate

Sprawling group owns assets including Thomas Cook, Club Med and Wolverhampton Wanderers

The Guardian - UK · Sep 13, 2022

Strong Club Med Results Fail to Lift Fosun Tourism Back to Profits

Key Takeaways •      Fosun Tourism expects to post a loss of between 150 million yuan and 250 million yuan for the first six months of this year

Benzinga · Jul 22, 2022