Billionaire head of China's Fosun re-emerges after 'disappearance'

Beijing

THE billionaire chairman of Fosun Group, one of China's biggest privately-held conglomerates, re-emerged on Monday after he disappeared from public view in connection with an investigation by the authorities, Chinese media said.

Guo Guangchang, dubbed "China's Warren Buffett", attended Fosun Group's annual meeting on Monday morning, pictures posted by business magazine Caijing showed.

Mr Guo had been out of contact since Thursday and two of the group's listed arms in Shanghai said in statements last week that the 48-year-old was "assisting in certain investigations" conducted by mainland authorities. The statements stressed that the probes had no "material adverse impact" on the…