Securities Firms Bullish on Fosun's Growth Path: Boosting Profits, Reducing Leverage

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HONG KONG SAR – Media OutReach Newswire – 3 September 2024 – Following the release of Fosun International’s (00656.HK) 2024 interim results, Nomura Orient International Securities (“Nomura”) and Kaiyuan Securities both issued research reports, reaffirming their “overweight” and “buy” ratings respectively. They believe that Fosun International’s strategic focus on its core businesses has yielded significant results, with revenue demonstrating resilience, increasingly healthy financial indicators, and stable growth driven by innovation, asset-light operations, and globalization.

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