Hints and tips:
...Fosun bought Lanvin from Chinese newspaper magnate Shaw-Lan Wang and Ralph Bartel, who owned 75 per cent and 25 per cent of Arpège SAS, the holding company that owns the “Lanvin” name in 2018....
...Co-founder Wang Jian fell to his death in France in 2018. Ye Jianming, the head of state-backed conglomerate CEFC has not been seen since being detained in early 2018....
...Additional reporting by Nian Liu and Arjun Neil Alim in Beijing and Wang Xueqiao in Shanghai...
...Beijing is yet to approve the BioNTech vaccine for general use despite an agreement made with Chinese company Fosun to supply 100mn doses to the country....
...So, Ting Wang, of counsel at law firm Paul Hastings in Shanghai, had a challenge on his hands when his team tried to broker a strategic alliance between Chinese health group Fosun Pharma and Nasdaq-listed...
...Wang Wenbin, China foreign ministry spokesman, criticised Japan last week for its plan to send the jabs, saying it had reduced vaccine assistance to “a tool of political self-interest”....
...Additional reporting by Maiqi Ding in Beijing and Wang Xueqiao in Shanghai Letter in response to this article: Hong Kong should be free of China’s zero-Covid straitjacket / From David Brown, Hong Kong...
...Additional reporting by Wang Xueqiao in Shanghai...
...HNA’s well-documented debt problems were compounded by the pandemic, as well as factional rifts following the death of a top executive, Wang Jian, in 2018....
...Mr Fang was CICC’s deputy chief executive in the late 1990s under its first chairman Wang Qishan. Mr Wang is now a vice-president of China and considered a right-hand man to President Xi Jinping....
...Some, such as Wang Jianlin, founder of real-estate conglomerate Wanda, have fallen silent while shrinking their businesses; others, like Wu Xiaohui of insurance conglomerate Anbang, have ended up in jail...
...Britain’s ReNeuron, which develops stem-cell treatments for eye disease and strokes, is set to receive £80m plus royalty payments from China’s Fosun Pharma for the rights to two treatments....
...Another pair are from the US, while the others are a collaboration between Germany’s BioNTech, China’s Fosun Pharma and Pfizer of the US, and another between the University of Oxford and AstraZeneca....
...Among the report’s 17 interviewees is Jenny Wang, chairwoman of the Fosun Art Center, who estimates that maintaining the Shanghai building costs Rmb5m ($750,000) a year....
...Wang Qunbin, chief executive, said Fosun would invest about $3.2bn in technology over the next three years but did not give any details....
...Lanvin was founded in 1889 by Jeanne Lanvin and expanded after the turn of the millennium when Shaw-Lan Wang took a controlling stake....
...in Atlético Madrid, the Wanda group, led by Wang Jianlin....
...Shanghai-based Fosun Pharma paid $1.1bn for a majority stake in India’s Gland Pharma last year, which will boost its US generics presence....
...Another theory for Wednesday’s market share price moves is that the elevation of Wang Huning to the standing committee will benefit Fosun, whose chairman and founder, Guo Guangchang, probably overlapped...
...Fosun, which owns property and insurance assets, has slowed the pace of its acquisitions in the past year....
...However, Mr Wang said regulators were monitoring some corporations with close ties to the financial sector....
...He was referring to Wang Qishan, who was then chief of the party’s powerful anti-corruption agency and widely seen as China’s second-most powerful leader....
...In early July, Fosun was forced to defend itself amid talk that the group had lost contact with its chairman, Guo Guangchang....
...Jiangsu Hengrui Medicine surged as much as 6.5 per cent and Shanghai Fosun Pharmaceutical Group more than 6 per cent....
...Dalian Wanda, along with Fosun International, HNA Group and Anbang Insurance, has attracted the attention of China’s regulators after an aggressive overseas deal spree....
International Edition