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Strong Club Med Results Fail To Lift Fosun Tourism Back To Profits

Strong Club Med Results Fail To Lift Fosun Tourism Back To Profits
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Fosun s Businesses Shows Strong Recovery Momentum as Consumption Regains Vitality and Tourism Industry Continues to Recover

Fosun s Businesses Shows Strong Recovery Momentum as Consumption Regains Vitality and Tourism Industry Continues to Recover

HONG KONG, June 30, 2022 /PRNewswire/ The Bund Finance Center (BFC) in Shanghai officially resumed dine-in services at restaurants starting from 29 June. At present, Fosun's businesses and shopping centers in Shanghai, including the BFC, Yuyuan Tourist Mart, Forte Woli City, and Orstar City Zhenru, have fully resumed business operations. As major shopping centers shows signs of recovery, businesses that have been affected by the epidemic since March this year have quickly recovered, and the consumption vitality is ushering in a new climax. In addition, thanks to the stabilization of the epidemic prevention and control situation and the arrival of the peak season in tourism industry, Fosun Tourism Group's domestic business saw a rapid recovery following a strong rebound in its overseas business. After experiencing the "trough period" of the epidemic, Fosun's businesses in various segments have made steady progress, and is poised for a new round of growth. As the

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