Fosun plans $6bn asset sell-off

Fosun is looking to dispose of as much as 40bn yuan ($6bn) of
assets in a bid to lift its credit rating above junk status.
After having made some $15bn in overseas acquisitions since
2010, the Chinese conglomerate's debt mountain grew to 115bn
yuan, 43 percent of which was due to be called at the end of this
year.
In an interview with Bloomberg News, CEO Liang Xinjun said the
group would announce which assets were to be sold between...