On March 23 2017, Fortune Star (BVI) Limited, a subsidiary wholly owned by Fosun International Limited (HK 00656), issued US$ 800 million worth of senior bonds maturing in 2022, with the annual interest rate fixed at 5.25%. Fosun International provided an unconditional and irrevocable guarantee for the bond issuance.

AllBright Law Offices acted as the Chinese legal advisor to the issuer, and two partners from the firm, ZHU Linhai and Bao Fangzhou, were designated to take charge of the project. Sidley Austin acted as the issuer's international legal advisor, and Harneys was appointed as the BVI counsel. The international and Chinese legal advisors to the underwriter are Davis Polk & Wardwell and Jia Yuan Law Offices, respectively.

The bond was the first US dollar bond issued by a Chinese company on the Asian market, after the Federal Open Market Committee raised the benchmark rate by 25 base points in March.