Fosun International, China's Largest Holding Company, Pivots Abroad
Epoch Times - at Seeking Alpha - Mon Mar 23, 4:40PM CDT
By Fan Yu While most bankers were on holiday in late December 2014, a bidding war was wrapping up to acquire Club Méditerranée SA ( OTCPK:CLMDY ). Better known as Club Med, it is one of the biggest international vacation and resort...
KKR: 22.70 (+0.22)
Sunny Skies For Fosun With Club Med Win
Doug Young - at Seeking Alpha - Mon Jan 05, 4:29PM CST
Bottom line: Fosun's ( OTCPK:FOSUY ) purchase of Club Med ( OTCPK:CLMDY ) looks like a good bet despite the deal's big premium, and could be followed by a major Chinese expansion and new IPO in Hong Kong in the next 5 years. Normally I'm not a big...
Fosun Ups Club Med Bid, Anbang Courts Minsheng
Doug Young - at Seeking Alpha - Mon Dec 22, 3:36PM CST
Bottom line: Fosun ( OTCPK:FOSUY ) is prepared to up its latest bid for Club Med ( OTCPK:CLMDY ) by another 20-30 percent, while Anbang needs to be careful in its investments to avoid ending up with a portfolio of overvalued, underperforming assets....
Haitong Kicks Off Wave Of Cross-Border Brokerage Ties
Doug Young - at Seeking Alpha - Tue Dec 09, 3:58PM CST
Bottom line: Haitong's purchase of a Portuguese investment bank marks the start of a new wave of cross-border tie-ups in the financial services sector, which could fuel a rally in stocks of Chinese brokerages. A new wave of Sino-foreign tie-ups in...
Fosun Finds Challenger In Club Med Bid
Doug Young - at Seeking Alpha - Mon Dec 08, 5:02PM CST
Bottom line: Fosun should drop out of the bidding war for Club Med to avoid overpaying for the resort operator, despite big potential from a possible Asia expansion. Chinese investors aren't the only companies with big money to spend on global...
Why China Petroleum & Chemical (SNP) Stock Is Down Today
at The Street - Mon Sep 15, 7:36AM CDT
The company said it will sell a stake in its fuel retailing business for 107 billion yuan ($17.5 billion), a price lower than analysts estimated.
LFC: 78.53 (+0.12), SNP: 86.97 (-0.33)
'Transformers' tries for delicate US-China balance
By LOUISE WATT - AP - Thu Jun 26, 9:53AM CDT
BEIJING (AP) — Dazzling special effects, Optimus Prime ... and Beijing. The latest "Transformers" movie has all three, mixing Texas-based action with scenes in China's capital and a heavy dose of Hong Kong in an attempt to straddle the world's two biggest movie-going audiences.