RE: US$731 million to boost liquidity29 May 2024 06:09
From same article - Fosun] could dispose of more noncore assets and could even target disposing of its stake in Hainan Mining, which could generate more than enough liquidity for all of its capital market debts," Andrew Chan, a Bloomberg Intelligence analyst, said in a research note on Tuesday.
Fosun owns nearly half of Shanghai-listed Hainan Mining, which has a market capitalisation of 14.6 billion yuan.