Fosun Group chair reappears for conglomerate's annual meeting

Guo Guangchang, the billionaire chair of Fosun Group, reappeared on Monday for the privately-held conglomerate’s annual meeting, Agence France-Presse reported. The meeting marked Guo’s first appearance since disappearing Thursday for what statements from the company later said was a spell “assisting in certain investigations” conducted by Chinese authorities. The statements said the probes had no “material adverse impact” on the finances or operations of the parent company and that Guo was able to take part in its decision-making. Mainland news magazine Caijing said Guo had “finalized” assisting in the inquiries and “returned home safely”.