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HK-listed Fosun climbs on report of buying luxury shoemaker Sergio Rossi

Reuters2021-06-11

June 11 (Reuters) - ** HK-listed shares of Chinese conglomerate Fosun International Ltd climb 0.9% to HK$11.84, on course to snap six consecutive sessions of decline

** Conglomerate's Fosun Fashion Group has agreed to buy Italian luxury shoemaker Sergio Rossi from private equity firm Investindustrial, the Chinese group told industry publication WWD on Thursday, without giving financial details

** Latest acquisition follows investments in other luxury and fashion brands in Europe in the past years, such as French couture label Lanvin and Italian high-end menswear maker Caruso

** Stock biggest percentage gainer on the Hong Kong composite Industry Index tracking conglomerates

** The Hong Kong composite Industry Index tracking conglomerates slips 0.8%

** The Hang Seng China enterprises index gains 0.1% and the benchmark index climbs 0.4%

** The stock of the Shanghai-based conglomerate had slid 3.6% this year, as of last close

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  • UNCLEUNCLE
    ·2021-06-11
    Good good
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  • Bear22bear
    ·2021-06-11
    [Smile] 
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    • TraderGw
      Heyyy
      2021-06-11
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  • Arc3009
    ·2021-06-11
    Like and comment pls
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    • TraderGw
      Heyyy
      2021-06-11
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  • lingmeixyz
    ·2021-06-11
    Ahhhaha 
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  • yingshan
    ·2021-06-11
    Wow
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    • Jooni
      Ok
      2021-06-12
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    • yingshan
      Ok
      2021-06-12
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    • dandan_4896
      Keep inovating and progress ?
      2021-06-11
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  • plasticbag
    ·2021-06-11
    Like and comment pls
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    • Arc3009
      comment back pls
      2021-06-11
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    • jijimo
      Ok
      2021-06-11
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  • junhan
    ·2021-06-11
    Like and comment pls
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    • Arc3009
      comment back pls
      2021-06-11
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    • jijimo
      Ok
      2021-06-11
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  • jingshen
    ·2021-06-11
    nice
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  • SC_121
    ·2021-06-11
    Pls comment
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    • KK_SG
      [Smile]
      2021-06-11
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    • Arc3009
      comment back pls
      2021-06-11
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    • GacktEng
      Comment and like pls, Thx
      2021-06-11
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  • Ginmihz
    ·2021-06-11
    Fill
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