Fosun International recently acquired as much as 18% of its H shares of Tsingtao Beer from Japan's Asahi Group at HK $ 27.22 per share for a total transaction volume of about HK $ 6.6 billion. Fosun will become the second largest shareholder of Tsingtao Brewery. The private-owned enterprises' have moved from high profile "going global" international asset acquisitions to domestic market acquisitions and actually promoting the mixed reform of state-owned enterprises reflect that the thinking and actions of Chinese large-scale private enterprises are changing against the background of current politics and efficiency.