. fosun international type privately held company industry conglomerate founded 1992 ; 24 years ago 1992 founder guo guangchang headquarters shanghai china key people chairman guo guangchang ceo liang xinjun president wang qunbin services diversified investments website www.fosun.com fosun international limited simplified chinese ; traditional chinese is a chinese international conglomerate and investment company . 1 founded in 1992 by guo guangchang the company is headquartered in shanghai and was incorporated in hong kong in 2007 . its ceo is liang xinjun . contents 1 history 2 businesses 3 awards 4 references 5 external links history edit fosun group was founded in 1992 by five graduates of fudan university guo guangchang liang xinjun wang qunbin fan wei and tan jian . 2 in the 1990s fosun started its business by doing market research . then fosun extended its business into the healthcare industry real estate etc. 2 in july 2007 fosun international 00656 . hk the parent company of fosun group was listed on the main board of the hong kong stock exchange . 2 during 2011 the three major growth engines of fosun industrial profits investment profits and asset management profits rose rapidly enabling fosun to make strides toward its vision of becoming a premium investment group with a focus on china s growth momentum . citation needed from 2010 through 2015 fosun has spent billions buying foreign firms and says it is looking at healthcare tourism fashion firms and banks in the us and europe . these include france s club med britain s thomas cook group canada s cirque du soleil american clothing label st john and greek jeweler folli follie . 3 4 at the end of 2014 it was announced that fosun would be acquiring the us insurer meadowbrook for around 433 million marking the first full purchase of a us insurer by a chinese company . 5 on 11 december 2015 it was reported that the chairman of fosun the billionaire guo guangchang has disappeared and it is speculated that he was questioned by government authorities in an inquiry stemming from party general secretary xi jinping s anti corruption efforts . guo however reappeared on 14 december 2015 at a fosun board of directors meeting . during his disappearance fosun requested that trading of shares in a hong kong listed subsidiary be temporarily suspended . 6 the fosun board of directors issued a statement saying that guo was assisting in a government inquiry which in their opinion did not present a material adverse impact on fosun s finances or operations . 7 on 21 july 2016 it was confirmed that fosun had bought the english football club wolverhampton wanderers from its previous owner steve morgan for an estimated 45 million . 8 9 businesses edit fosun s businesses cover industrial operations investment asset management and insurance with many subsidiary companies in each business . industrial operations nanjing iron and steel fosun pharmaceutical which owns shanghai fosun long march medical science company ltd. 10 forte hainan mining investment yuyuan miacom diagnostics 11 focus media minsheng bank club med 12 secret recipe 13 folli follie st john an american fashion brand that specializes in women s knitwear perfect world company thomas cook grp asset management fosun capital fosun chuanghong carlyle fosun pramerica fosun china opportunity fund star capital real estate funds of forte rio bravo 14 insurance pramerica fosun life insurance yong an insurance peak reinsurance fidelidade real estate one chase manhattan plaza new york lloyds chambers london citigroup center tokyo 73 miller street sydney private hospitals luz sa de football teams wolverhampton wanderers f.c. awards edit in july 2011 fosun ranked no. 81 among fortune china s top 500 enterprises of china . in december 2011 fosun was awarded 2011 top chinese non state owned enterprises of csr by southern weekend . in april 2012 fosun was no. 1136 in forbes global top 2000 enterprises . citation needed references edit 1 dead link a b c fosun story profile ceo founder history business companies successstory . successstory.com . retrieved 2016 03 17 . bloated but still bingeing . the economist . issn 0013 0613 . retrieved 2016 06 15 . china s fosun joins bidding war for portuguese hospital operator . bbc news . 23 september 2014 . retrieved 23 september 2014 . china s fosun to buy u.s. insurer to help finance acquisition spree . reuters 30 december 2014 chinese tycoon guo guangchang reported missing . bbc news 11 december 2015 . retrieved 11 december 2015 . another turn of the screw . the economist . issn 0013 0613 . retrieved 2015 12 30 . fosun group takes over wolves . wolverhampton wanderers . 21 july 2016 . wolves bought by chinese conglomerate fosun international for 45m . bbc sport . 2016 07 21 . retrieved 2016 07 30 . kang xiaoxiao 5 march 2013 . fosun pharma bidding 22.5 mln for u.s. saladax . morning whistle . retrieved 3 april 2013 . http www.businesswire.com news home 20140714005525 en miacom diagnostics gmbh teams fosun diagnostics diagnostic . missing or empty title help chinese firm is behind a group bidding for club med . cnbc.com . 2013 05 27 . retrieved 2016 07 30 . fosun joins hands with secret recipe of malaysia . fosun . 15 february 2014 . archived from the original on 4 april 2016 . retrieved 4 april 2016 . chinesa fosun confirma compra da gestora rio bravo . valor.com.br in portugu s . valor econ mico . 2016 07 29 . retrieved 2016 10 06 . cs1 maint unrecognized language link external links edit official website retrieved from https en.wikipedia.org w index.php title fosun & oldid 742927267 categories companies listed on the hong kong stock exchangeconglomerate companies of chinaprivately held companies of chinacompanies based in shanghaichinese brandsfosun internationalwarrants issued in hong kong stock exchangecompanies established in 19921992 establishments in chinahidden categories all articles with dead external linksarticles with dead external links from 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