The Latest Breaking News from Fosun

QPR manager Michael Beale has become the latest candidate to withdraw themselves from the running to become the Wolves head coach, after Julen Lopetegui did the same earlier this month

Wolves had hoped to confirm the appointment of Julen Lopetegui as their new manager this week, but will now go back to the drawing board after the Spaniard turned down the approach

Sir Jim Ratcliffe has revealed that a takeover at Manchester United is not on the cards, but he has hinted that he could explore other opportunities in the Premier League

Key Takeaways: Fosun has sold down its stake in New China Life, its latest move to raise cash as it faces large debt maturing in the next 12 months The company is also selling down stakes in its Fosun Tourism unit, owner of the Club Med resort chain, and appears…

Hong Kong (AFP) - Club Med owner Fosun, one of China's largest private-sector conglomerates, saw billions wiped off its value on Wednesday as jittery investors reacted to a media report that the group was under regulatory scrutiny.

Sprawling group owns assets including Thomas Cook, Club Med and Wolverhampton Wanderers

The newly-promoted Reds are keen on Gibbs-White

Key Takeaways •      Fosun Tourism expects to post a loss of between 150 million yuan and 250 million yuan for the first six months of this year

Nottingham Forest have been linked with a move for Wolves forward Morgan Gibbs-White this summer

Key Takeaways: Club Med operator Fosun Tourism reported a fourfold increase in revenue from its resort operations in the first quarter despite a resurgence of the Covid-19 Omicron variant Company is expected to return to profitability this year, with valuations that look competitive with other major global tourism stocks

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