Fosun International Chairman Guo Guangchang. [File Photo: shenchuang.com]

Fosun International Chairman Guo Guangchang is now in Shanghai assisting with judicial investigation.

It's been confirmed by company CEO Liang Xinjun.

Liang stressed that it is just a routine judicial procedure, and Guo is just assisting in investigation.

Fosun President Wang Qunbin says the ongoing investigation is more a matter of Guo's personal business, rather than the company's business practices.