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Fosun Billionaires Lift Stakes After Founding Partner Leaves

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Chinese billionaire Guo Guangchang increased his stake in Fosun International Ltd. after buying shares from one of his founding partners, Fan Wei. Guo’s ownership in Fosun International Holdings Ltd., the holding company of the Hong Kong-listed firm, changed for the first time in more than a decade after Fan sold…

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Click here to read the full story: Bloomberg

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