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With founder unreachable, conglomerate halts trading of shares

Guo Guangchang, chairman of Fosun

HONG KONG -- Fosun International, a subsidiary of Shanghai-based conglomerate Fosun Group, on Friday suspended trading of its shares in Hong Kong, after a local news outlet reported that its billionaire chairman, Guo Guangchang, had gone missing.

     Business media company Caixin late Thursday reported that Fosun had not been able to reach Guo, quoting unnamed sources.

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