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Search results for “Fosun”
Fosun reportedly raises stake in Thomas Cook to 11%
05/11/2017
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7:37:40 PM
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Chinese conglomerate Fosun has raised its stake in Thomas Cook Group to 11%, reported Travelweekly, citing a disclosure file.
China updates 'sensitive sectors' for outbound investment in hotels
02/13/2018
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3:56:49 PM
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China updated its list of "sensitive sectors" on February 11 for outbound investment in properties, hotels, cinemas, entertainment, sports clubs and equity investment funds.
Greenland races for controlling stake in China Eastern’s travel agency affiliate
01/22/2019
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4:58:47 PM
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Wanda Group, Hainan Airlines and Fosun International have all shown an interest in a deal, though Shanghai-based Greenland is likely to be the final participant.
Outbound Chinese investment to U.S. falls to 7-year low
01/17/2019
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9:32:10 AM
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Over the year, Chinese investors like Anbang Insurance, Dalian Wanda, Fosun International and HNA Group dropped at least $13 billion of U.S. assets with some headline-making deals.
Wanda unveils mid-end hotel brand, Shangri-La ties up with Klook, and more
12/10/2018
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11:54:46 AM
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Visa-free entry to the EU may add €12.5 billion more tourism spending from Chinese visitors every year. Budget airlines in China are actively growing ancillary revenues, while state-owned carriers only provide prepaid seat selection options for international flights.
Club Med launches new flagship resort in French Alps
01/03/2019
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2:45:17 PM
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After 18 months of construction, Club Med Les Arcs Panorama should welcome this winter season over 13,000 clients from 40 different nations.
China Southern quits SkyTeam, China to become top tourist destination by 2030, and more
11/26/2018
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12:09:50 PM
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China issued the first service specification for the home-sharing sector, and Club Med owner Fosun Tourism and Culture approved for listing on the Hong Kong Stock Exchange.
Fosun's tourism unit to raise funds for overseas purchase
02/15/2017
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2:23:14 PM
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Fosun Tourism & Culture Group is in discussions with domestic and international investors for its first round of capital raising to boost overseas investments ahead of flotation, said president Jiannong Qian.
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