China has been the fourth largest direct foreign investor in Portugal for several years, holding a global position valued at €11.2 billion at the end of 2022, according to the Bank of Portugal (BdP).
Whether through state entities or through Fosun, a private group, China is present in several strategic Portuguese companies, many of which are listed on the stock exchange, such as BCP, EDP, EDP Renováveis, REN, Mota-Engil, Martifer, Inapa, Reditus, among others.
One of the most emblematic and lucrative investments is in EDP. The state-owned energy company, China Three Gorges (CTG), joined EDP in 2012 and bought more than 20% of the Portuguese electricity company.
Fosun, a holding company listed in Hong Kong, part of one of the most renowned Chinese private investment groups, is Fidelidade’s majority shareholder. The holding is also a reference shareholder of Grupo Luz Saúde, which has several private hospitals operating in Portugal.
(Source: Dinheiro Vivo)