Fosun International climbs to 10-month high on ClubMed spinoff plan
31/08/2026 07:08
BUZZ-Fosun International climbs to 10-month high on ClubMed spinoff plan ** Shares of Chinese conglomerate Fosun International 0656.HK climb 2.1% to HK$5.525, their highest level since October 9, 2025
** Fosun International said it had received approval from the Hong Kong Stock Exchange to proceed with the proposed spin-off and separate listing of its resort-operator unit ClubMed Lifestyle
** Details of the initial public offering are yet to be finalised - co
** YTD, Hong Kong stock up 25.9%, while benchmark Hang Seng Index .HSI down 0.6%
(Reporting by Donny Kwok)