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Why does Fosun choose to invest in Focus Media at this moment?

April 26, 2017focus fosun invest media moment

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Why does Fosun choose to invest in Focus Media at this moment?

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Fosun’s current plan includes increasing proportion of assets in retail and services industries. Investing in Focus Media is in line with this strategy. Also, based on our investment team’s best judgment, we believe that the value is already compelling, presenting us a good opportunity. Fosun is a long-term value investor. Our decision will not be affected by normal share price fluctuation.