This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-35068463
The article has changed 10 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| China's Fosun in trade halt amid reports its chairman is 'unreachable' | China's Fosun in trade halt amid reports its chairman is 'unreachable' |
| (35 minutes later) | |
| Trading has been suspended in the Hong Kong shares of one of China's biggest private investment conglomerates Fosun International. | Trading has been suspended in the Hong Kong shares of one of China's biggest private investment conglomerates Fosun International. |
| It comes amid uncertainty over the whereabouts of its chairman, with one report saying Guo Guangchang has been unreachable since noon on Thursday. | It comes amid uncertainty over the whereabouts of its chairman, with one report saying Guo Guangchang has been unreachable since noon on Thursday. |
| Fosun has interests spanning insurance, real estate and retail. It controls the French holiday group known as Club Med. | Fosun has interests spanning insurance, real estate and retail. It controls the French holiday group known as Club Med. |
| Guo Guangchang is one of China's wealthiest men. | Guo Guangchang is one of China's wealthiest men. |
| Caixan online cited unnamed sources as saying Fosun employees had been unable to contact Mr Guo. | |
| It also cited social media messages saying he had last been seen with police in Shanghai. | |
| Fosun International, the parent company of Shanghai-based Fosun Group, was listed in Hong Kong in 2007. | Fosun International, the parent company of Shanghai-based Fosun Group, was listed in Hong Kong in 2007. |
| In a statement to the Hong Kong stock exchange on Friday, the firm said its shares would be halted from trade "with effect from 9:00 a.m. on Friday, 11 December 2015 pending the release of an announcement containing inside information". | In a statement to the Hong Kong stock exchange on Friday, the firm said its shares would be halted from trade "with effect from 9:00 a.m. on Friday, 11 December 2015 pending the release of an announcement containing inside information". |
| As part of the statement, Mr Guo's name was included in the list of Fosun's executive directors. | As part of the statement, Mr Guo's name was included in the list of Fosun's executive directors. |
| Fosun's shares fell close to 2% on the news, however, by mid-afternoon they had recovered lost ground to be down 0.45%. | Fosun's shares fell close to 2% on the news, however, by mid-afternoon they had recovered lost ground to be down 0.45%. |