Fosun signals IPO of its healthcare assets

Fosun International Ltd, the flagship of the Chinese conglomerate that owns Club Mediterranee SA, signaled the company will announce information related to initial public offerings of its healthcare assets before the end of the year.

News about the matter and private-equity investments in healthcare assets should come out during the second half of the year, group Chairman Guo Guangchang said at a briefing on Wednesday in Hong Kong.

The conglomerate is parent to Shanghai Fosun Pharmaceutical Group Ltd, which trades in Hong Kong and the Chinese mainland.