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Is Fosun International Limited (HKG:656) Potentially Undervalued?
Amid the "going global" wave, the value appreciation is timely for the global leader - Fosun Intl (00656).
"Only when more companies have the ability of global operation, will the risk resistance ability of the Chinese economy become stronger. To become globalized is actually an improvement in capability."
Guo Guangchang: Fosun Firmly Advances Its Globalization Strategy
Guo Guangchang: Fosun steadfastly promotes its global development strategy.
Hong Kong, July 23, 2024 /PRNewswire/ -- "In the future, Fosun will continue to steadfastly advance its global development strategy and turn its global capabilities into sustained profit growth," said Guo Guangchang, Chairman of Fosun International, at the Fosun mid-term meeting in 2024 on July 20th. "Our globalization did not start today, we have been doing it for a period of time. We have become one of the few capable Chinese companies rooted in China and able to operate globally. This is something we are very proud of." Fosun's globalization has been on the road for nearly 17 years. In 2007, Fosun International listed on the Hong Kong Stock Exchange.
Fosun Intl was selected as the top 1% in S&P Global's Sustainable Development Yearbook (China Edition) 2024 and won the award for 'Best Improved Enterprise' in the industry.
On July 17, 2024, in Beijing, S&P Global held the "Grasping Opportunities, Driving Sustainable Development - S&P Global Sustainable1 Seminar and the Release Ceremony of Sustainable Development Yearbook (China Version) 2024", Fosun International Limited (Hong Kong Stock Exchange code: 00656, referred to as "Fosun International"), with its continuous efforts in environment, society, and governance (esg) over the years, was selected for S&P Global's "Sustainable Development Yearbook (China Version) 2024".
Fosun Intl has been listed on the "China ESG Listed Companies Pioneer 100" list, becoming the first ESG pioneer company in the comprehensive industry.
On July 8th, 2024, Hong Kong / PRNewswire / - On the afternoon of June 30th, the Financial Program Center of China Central Broadcasting and Television officially released the "2024 ESG Action Report of Chinese Enterprises". The Report selects 972 listed companies from 6,471 A-share and Hong Kong stock listed companies as the evaluation objects, presents the characteristics and trends of ESG of Chinese enterprises, and compiles the "China ESG Listed Company Vanguard 100" list (2024), and puts forward suggestions to promote the high-quality development of China's ESG. Fosun Intl (Hong Kong Connect
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