Standing on the abyss and enjoying the view

Billionaire Fosun Chairman Guo Guangchang, self-styled disciple of Warren Buffet, just announced a 28% jump in net profit. So why was there also a major shakeup of management, on the same day the group announced its impressive earnings?

March 29, 2017 3:24 AM (UTC+8)
Guo Guangchang's Fosun International announced a 28% profit rise and told the Hong Kong stock exchange:  "We have been working conscientiously and earnestly every day as if we were skating on thin ice and standing on the brink of an abyss." Photo: Reuters
Guo Guangchang's Fosun International announced a 28% profit rise and told the Hong Kong stock exchange: "We have been working conscientiously and earnestly every day as if we were skating on thin ice and standing on the brink of an abyss." Photo: Reuters
Concept, design & development by
Powered by