Fosun's Guo to Finish With Probe Soon, Company President Says
- Says Group Chair Guo Guangchang will finish aiding probe soon
- Company shares to resume trading Monday in Hong Kong
Guo Guangchang.
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The president of Fosun International Ltd. said the company’s chairman will finish assisting a judiciary investigation soon, and that he remains confident of the company’s cash flow and future.
Fosun International shares were suspended Friday, a day after Chairman Guo Guangchang went missing. Guo is assisting an investigation into former Shanghai vice mayor Ai Baojun, people familiar with the situation said Friday, asking not to be identified because they weren’t authorized to speak on the matter.