China: Fosun High Tech chairman to leave post, remain at parent

China: Fosun High Tech chairman to leave post, remain at parent

Billionaire Guo Guangchang, Executive Director and Chairman of Fosun International, attends the annual general meeting of the Chinese conglomerate in Hong Kong, China May 28, 2015. REUTERS/Bobby Yip

Guo Guangchang has stepped down from the post of chairman at Shanghai Fosun High Technology (Group) Co Ltd but remains chairman of parent Fosun International Ltd, where he will focus on broader strategy, he wrote online on Friday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter