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25.11.25 - 09:12
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Beauty market aglow: young Chinese splurge on self-care, Fosun-backed firm says (SCMP)
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Young Chinese consumers, including a growing number of men, are splurging on aesthetic medical treatments for physical, emotional and social wellness, according to the CEO of Fosun Pharma‑backed Sisram Medical and its subsidiary Alma, who says Asia's relatively low penetration offers greater growth potential than North America.
“It is a global trend that younger generations, including those [in mainland China] and Hong Kong, are turning to energy-based aesthetic treatments such as lasers as a......
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19.11.25 - 05:06
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Chinese Firm Bought Insurer For CIA Agents As Part Of Trillion Dollar Spending Spree (ZeroHedge)
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Chinese Firm Bought Insurer For CIA Agents As Part Of Trillion Dollar Spending Spree
For years, Washington assumed that China's outbound investment flowed mainly into developing economies hungry for infrastructure money. But as scrutiny tightens across the West, it's becoming clear that Beijing's financial reach extended far deeper into wealthy nations - and far earlier - than most policymakers realized.
One early warning came in 2016, when Jeff Stein, a veteran journalist covering U.S. intelligence agencies, received an unusual tip: Wright USA, a small insurer that specialized in providing liability coverage for FBI and CIA personnel, had quietly been acquired the year before by Fosun Group, a Chinese conglomerate with reported ties to Beijing's leadership. “Someone with direct knowledge called me up and said, 'Do you know that the insurance company that insures intelligence personnel is owned by the Chinese?'” Stein recalls. “I was astonished.”
The concern was immediate and obv...
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17.11.25 - 09:30
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Full-day Takeaway: HSI Closes at 26,384, Down 188 pts; HSTI Closes at 5,756, Down 55 pts; LENOVO GROUP Down over 3%; CLP HOLDINGS, GANFENGLITHIUM, COSCO SHIP ENGY, CRYSTAL INTL, GUANGDONG INV Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 188 pts or 0.7% to 26,384. HSTI dropped 55 pts or 1.0% to 5,756. HSCEI fell 69 pts or 0.7% to 9,328. Market turnover reached $217.61 billion.Active Heavyweights:XIAOMI (01810.HK) closed at $41.96, down 0.9%HKEX (00388.HK) closed at $422.2, down 0.7%TENCENT (00700.HK) closed at $636.5, down 0.7%PING AN (0231......
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07.11.25 - 00:36
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Fosun brings UK particle therapy to mainland China in advanced cancer care push (SCMP)
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Fosun Pharmaceutical, a leading healthcare group, has taken a substantial step towards introducing particle therapy systems to hospitals in mainland China, aligning with Beijing's efforts to make advanced medical treatment accessible to cancer patients across the country.
The Shanghai-based company, a subsidiary of China's non-state-owned conglomerate Fosun International, formed a partnership with Leo Cancer Care on Thursday, pledging to distribute the UK firm's Marie medical facilities in the......
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23.10.25 - 17:18
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Saudi Arabia′s New Pitch to Wall Street: Less Neom, More AI (Bloomberg)
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In 2017, Crown Prince Mohammed bin Salman sat alongside Steve Schwarzman and Masayoshi Son at the first iteration of Saudi Arabia's annual financial summit to unveil a next-century city called Neom. The two billionaire investors were quick to heap praise on the $500 billion plan that envisioned a metropolis with more robots than humans and enough solar panels to fill out the Great Wall of China....
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21.10.25 - 03:09
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Peak Re Welcomes KKR and Quadrantis Capital as Minority Investors (Business Wire)
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HONG KONG--(BUSINESS WIRE)--Peak Reinsurance Company Limited (“Peak Re” or the “Company”) and KKR, a leading global investment firm, today announced that funds managed by KKR and Quadrantis Capital have entered into definitive agreements to acquire minority stakes in Peak Re via Peak Reinsurance Holdings Limited.
Upon completion, KKR and Quadrantis Capital are expected to hold approximately 11.27% and approximately 1.80% of Peak Re's issued share capital, respectively, with the remaining approximately 86.71% continuing to be held by the majority shareholder, Fosun International Limited. Prudential Financial, Inc. (“Prudential”), which indirectly held an approximate 13.07% minority stake, has divested its stake in Peak Re following the signing of definitive agreements by funds managed by KKR and Quadrantis Capital.
This strategic partnership will reinforce Peak Re's commitment to serving its global clientele, underpinned by strong ring-fencing arrangements and robust corporate governance stan...
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18.10.25 - 11:12
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Jardine Matheson to buy remaining stake in Mandarin Oriental (SCMP)
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Jardine Matheson Holdings has agreed to buy the remaining 11.96 per cent of hotel arm Mandarin Oriental International it does not already own, as the century-old conglomerate ramps up efforts to increase investor returns.
Mandarin Oriental shareholders would receive US$3.35 in cash per share in a deal that valued the hotel chain at about US$4.2 billion, Jardine said in a statement on Friday. The total value represented a premium of 40 per cent to Mandarin Oriental's closing price on Thursday,......
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