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Fosun International shares halted pending statement

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Trading in shares of Chinese conglomerate Fosun International Ltd was suspended on Friday pending the release of a statement containing "inside information", the company said in a filing to the Hong Kong stock exchange.

[HONG KONG] Trading in shares of Chinese conglomerate Fosun International Ltd was suspended on Friday pending the release of a statement containing "inside information", the company said in a filing to the Hong Kong stock exchange.

Late on Thursday, Caixin media reported that company Chairman Guo Guangchang was not reachable, though Fosun made no reference to Guo in the filing.

Billionaire Guo is the founder of Fosun Group, which in recent years has made several overseas acquisitions mainly focusing on insurance companies.

REUTERS