From Breakingviews - Breakingviews - COMMENTARY: Fosun's ClubMed spinoff looks a hard sell ↧ ↧ Breakingviews - COMMENTARY: Fosun's ClubMed spinoff looks a hard sell Just a year after the conglomerate privatised its tourism unit that included the ​resort chain for $1.2 bln, it ​is now relisting ClubMed as a ⁠standalone business. That's sensible. But ​bagging a similar valuation as faster-growing, more ​profitable hotel chains will be tough.