Fosun Tourism Group Announces Major Property Sale

Fosun Tourism Group (HK:1992) has released an update.

Fosun Tourism Group has announced the sale of its subsidiary-owned properties for a total of RMB 393.6 million, in a transaction that is significant enough to require formal disclosure. The deal, which involves independent third-party purchasers, falls between 5% to 25% of the company’s asset scale and adheres to the necessary reporting regulations of the Hong Kong Stock Exchange Listing Rules.

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