Luxury
Shanghai Billionaire-Backed Yuyuan Tourist Mart To Buy Japan Ski Resort
Shanghai Yuyuan Tourist Mart, whose business includes retailing and real estate, plans to buy Japan ski resort Tomamu for $149 million, the Shanghai-listed company said in a statement today. Yuyuan is 26% owned by Fosun International, the Hong Kong-listed investment concern controlled by Shanghai billionaire Guo Guangchang. Fosun has…
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Click here to read the full story: Forbes