Fosun Shares Rebound on Shareholders’ Pledge to Boost Stake

Fosun International Ltd. shares reversed losses to climb as much as 2.2% in Hong Kong after controlling shareholders pledged to boost their holdings, easing investor concerns over a forecast fivefold widening of annual losses.

The Shanghai-based conglomerate slumped nearly 5% in early trading after saying Friday that it expects a preliminary net loss of 21.5 billion yuan to 23.5 billion yuan ($3.1 billion–$3.4 billion) for 2025, compared with a 4.35 billion yuan loss a year earlier. The stock rebounded after a separate filing Monday showed controlling shareholders plan to increase their stakes through open-market purchases.