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Fosun Completes Major Share Disposal in HAL Privatbank

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Fosun Completes Major Share Disposal in HAL Privatbank

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The latest announcement is out from Fosun International ( (HK:0656) ).

Fosun International Limited has completed the sale of its shares in Hauck Aufhäuser Lampe Privatbank AG through its subsidiary Bridge Fortune. The transaction, valued at approximately EUR 703 million, signifies a strategic move for Fosun, potentially impacting its financial positioning and focus within the financial services sector.

The most recent analyst rating on (HK:0656) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Fosun International stock, see the HK:0656 Stock Forecast page.

More about Fosun International

YTD Price Performance: 4.65%

Average Trading Volume: 7,817,497

Technical Sentiment Signal: Sell

Current Market Cap: HK$38.53B

Find detailed analytics on 0656 stock on TipRanks’ Stock Analysis page.

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