News eCin14 Apr 2017

Fosun takes stake in O2O financial services firm

14 Apr 2017

Nasdaq-listed Fanhua, an independent online-to-offline (O2O) financial services provider in China, has completed a private placement of 66,000,000 ordinary shares of the company, at purchase price of US$0.44185 per ordinary share, for a total investment of US$29,162,100, by Fosun Industrial Holdings, a wholly-owned subsidiary of Fosun International.

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