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Fosun CEO says Chairman Guo investigation mostly about his personal affairs

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Reuters BEIJING

BEIJING (Reuters) - An investigation with which Fosun International Chairman Guo Guangchang is assisting authorities is mostly about his personal affairs, the company's chief executive said on Sunday without providing further details.

Guo is currently in Shanghai Liang Xinjun said on a conference call.

Fosun said on Friday that Guo, one of China's best-known entrepreneurs, was assisting authorities with an investigation, a day after local media said the group had lost contact with its billionaire founder.

(Reporting by Kathy Chen and Nick Heath. Editing by Jane Merriman)

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First Published: Dec 13 2015 | 4:30 PM IST

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