St John’s Archives - Inside Retail Asia

Guo boosts Intime Retail stake through Fosun International

Chinese investor Guo Guangchang has boosted his stake in listed Hong Kong department store operator Intime Retail, fuelling speculation he may be planning a takeover bid.

Fosun takes strategic stake in Koradior

Shanghai billionaire Guo Guangchang’s Fosun International investment company has bought a $30 million stake in Hong Kong-listed women’s apparel retailer Koradior Holdings.