Fosun’s Dollar Bonds Up 5%

Fosun’s Dollar Bonds Up 5%

Fosun’s dollar bonds jumped by over 5% as it agreed to sell its stakes in four companies for a a total of RMB 6.7bn ($975mn). It would sell a 25.7% stake in Tianjin Jianlong Iron & Steel Industrial and 26.7% in Beijing Northern Jianlong Industrial, Jianlong...
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