Fosun’s Path to Globalization Cultivates Scarce Capabilities
Top Stories Tamfitronics HONG KONG, July 29, 2024 - (ACN Newswire) –“Go global or go home.” Today, globalization is an inevitable path for Chinese enterprises to succeed.There are two paths to globalization: one focuses on cost-effectiveness, exporting products, services or production capacity. The other, chosen by Fosun International (HKEX: 0656), is to become a truly global enterprise with a global vision – global presence, global operation and global development.Recently, Guo Guangchang, Chairman of Fosun International, stated at the 2024 Fosun Semi-Annual Working Meeting that after more than 30 years of development, Fosun has become one of the few companies rooted in China with capability to operate globally.The globalization journey of Fosun started with its listing in Hong Kong in 2007. Since then, it has spent 17 years forging unique globalization capabilities, transforming them into stable...
