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Search results for “Fosun International”
HNA raises RMB 12.5 billion on New Third Board in 2016
12/26/2016
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9:37:37 AM
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HNA’s Capital Helicopter announced that it has raised RMB 3.2 billion in a private placement, said to be the largest sum raised on the New Third Board so far this year. It has boosted the total sum raised by HNA on the board in 2016 to more than RMB 12.5 billion.
China's top 20 travel groups collectively rake in record income
12/09/2016
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3:05:30 PM
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The collective income of China’s top 20 tourism groups this year is 40% higher than last year. The rapid growth is said to be a result of capital-driven mergers and online-offline consolidations.
Jin Jiang looking to buy hotels in Europe
11/23/2016
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2:19:40 PM
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Hotel group Jin Jiang is looking to buy hotels in major European cities, including Paris, to expand its luxury portfolio, chief executive of Louvre Hotels told Reuters.
China investors splashed $9.25b on buying overseas hotels
11/15/2016
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1:04:27 PM
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China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.
Fosun-Thomas Cook JV aims at affluent Chinese travelers
09/12/2016
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11:13:59 AM
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Thomas Cook set up a high-end travel agency with Fosun in a bid to capture a more lucrative slice of China’s booming vacation market.
Fosun to tap China’s travel market by strategic projects
04/27/2016
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7:53:53 AM
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Fosun launched a brand-new Club Med resort in Sanya as it sets sight also on the billion-yuan Atlantis Project; the privately-held company is considering spinning off its travel business for an independent listing
Abercrombie & Kent acquired by Chinese investment group
07/25/2016
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6:01:03 PM
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Luxury tour operator Abercrombie & Kent has entered into a deal to be acquired by Chinese tourism developer and investment group Zhonghong Holdings.
Club Med accelerates growth in China aided by Fosun
02/22/2016
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8:37:03 AM
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Having launched two resorts in China in 2015, Club Med is picking up development speed and plans to open 15 more in the next five years and will have a total of 20 resorts in China by then.
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