What ever happened to this stock previously owned/covered?
January 9, 2019 / Fosun International (656.HK FOSUY FOSUF) Comments Off on Fosun International (656.HK FOSUY FOSUF) Read More »
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I sold it, personally, because the appealing parts of the business were overridden by the huge leverage — I like the insurance-backed investment portfolio and the focus on consumer health and wellness and travel among their investments, but that wasn’t enough to get over the fact that they rely too much on huge amounts of short-term debt. Haven’t looked at them in detail since I sold about a year and a half ago.