This article only represents the author's own views.

There’s strategic investing, and then there’s debt. When it comes to the two, debt seems to take precedence these days for conglomerate Fosun International (0656.HK), which is reportedly looking to offload some or all of the two main assets in its Fosun Tourism Group (1992.HK) unit.

Specifically, Fosun Tourism is exploring a potential sale of some or all of its Atlantis Sanya mega-resort on South China’s Hainan island, according to a Reuters report this week. It’s also exploring a similar sale of a stake in its core Club Med resort chain, Reuters reported last month. All of this comes after Fosun International, which owns 78% of Fosun Tourism, has said repeatedly in the past that it considers tourism one of its core areas and has no intent to sell that business.