HSBC Reiterates “Buy” Rating on Fosun and Raises Target Price to HK$11.50
HONG KONG SAR – Media OutReach – 2 February 2023 – On 30 January 2023, HSBC Global Research (“HSBC”) published a report pointing out that Fosun International Limited (“Fosun International” or the “Company”) (HKEX: 00656) is recovering vigorously. HSBC maintained “Buy” rating on Fosun International and raised the target price to HK$11.50. HSBC pointed out that Fosun’s secured RMB12 billion syndicated loan is the largest private enterprise […]




