One-pronged strategy: China's Fosun vows to become 'giant unicorn'

One-pronged strategy: China's Fosun vows to become 'giant unicorn' Beijing (AFP) March 31, 2016 - One of China's biggest private-sector conglomerates is seeking a magical solution to the horns of a dilemma about its future, pledging to "become a giant 'Unicorn' with enormous power". Fosun International used the word "unicorn" at least 19 times in its annual report, in which it declared net profits of more than eight billion yuan ($1.2 billion). "Fosun eventually will become a giant ' ... more

---