Fosun seeks more overseas acquisitions as other China giants retreat

Fosun seeks more overseas acquisitions as other China giants retreat

Billionaire Guo Guangchang, chairman and co-founder of Fosun International Ltd., looks on ahead of a news conference in Hong Kong, China, on Thursday, Aug. 31, 2017. Photographer: Paul Yeung/Bloomberg

About three years after China started reining in an overseas acquisition spree by some of its home-grown companies, the binge all but ended. But not for Fosun Group.