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China Billionaire Guo Guangchang’s Fosun Adds German Private Bank To Global Network

Shanghai billionaire Guo Guangchang is the chairman and co-founder of Fosun International. … [+] Photographer: Paul Yeung/Bloomberg © 2018 Bloomberg Finance LPA company controlled by one of China’s better-known billionaires has purchased a German private bank, adding to his international business footprint.Hauck & Aufhäuser, a subsidiary of Shanghai-headquartered Fosun International, has bought German private bank…