Shaun Rein |
The South China Morning Post:
“Fosun is regaining pace – it seems like a signal that political pressure is easing for the company,” said Shaun Rein, the managing director of Shanghai-based market intelligence company China Market Research and author of The War for China’s Wallet: Profiting from the New World Order.
“Brazil is attractive given its market size and population. The asset prices are also attractive there, compared with those in Southeast Asia, which gained a lot of investment from China last year,” he said.
More at the South China Morning Post.Tuesday’s deal is the second acquisition of a Brazilian financial institution by Fosun. In July 2016, the group bought Brazilian fund manager Rio Bravo Investimentos, its first acquisition in Latin America.
Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.
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