HONG KONG, Nov 16, 2022 – (ACN Newswire) – Over the past few months, successive “Weight-loss” actions by Fosun International (HKEX: 00656) have come under the spotlight in the capital market. On the evening of 6 November 2022, Yuyuan Inc., a subsidiary of Fosun International, announced its proposal to transfer 654 million shares, or a 20% equity stake, in Zhaojin Mining Industry Co., Ltd. (“Zhaojin Mining”) to Jinshan (Hong Kong) International Mining Co., Ltd., a wholly owned subsidiary of Zijin Mining for a total consideration of HK$4.395 billion. In addition to Yuyuan Inc.’s previous stake r…
