China’s real estate industry is continuing to grow but that doesn’t mean all of the players are winning, according to data released this month.
Reports by two separate agencies show that an eight month slide in real estate prices is… Read More>>
Dalian Wanda to Close 10 Dept Stores – Restructure 20 More
The balance of power in China’s retail world continued to shift away from one-size-fits all shops this week when Dalian Wanda announced plans to shutter 10 department stores nationwide, and restructure another 20.
The decision by the China retail real… Read More>>
Wanda Takes Aim at O2O Prize with Buy of Online Payment Provider
Fresh off of a $3.7 billion Hong Kong IPO, China mall developer Dalian Wanda is attempting to put some of its new cash to work in the world of ecommerce.
The owner of China’s biggest chain of malls – with… Read More>>
Dalian Wanda Raises $3.7B in Hong Kong’s Biggest IPO of 2014
Dalian Wanda Commercial Properties has raised US$3.7 billion through a Hong Kong IPO, after the Chinese real estate company belonging to PLA officer turned billionaire businessman Wang Jianlin is said to have priced its shares today.
A report in FinanceAsia… Read More>>
Dalian Wanda Investor to Buy Aussie Theatre Chain for $743M
Wanda Commercial Properties IPO later this month could be the world’s largest property stock listing and the biggest market debut in Hong Kong this year, however, at least one of the company’s owners isn’t waiting for the stock to float… Read More>>
Will Wanda’s Two December IPOs End Jack Ma’s Reign as China’s Richest Man?
Billionaire Wang Jianlin’s Dalian Wanda Commercial Properties won approval this week for a $5 billion initial public offering later this month, and the Hong Kong listing of the Chinese real estate firm could reshuffle the ranks of China’s mega-rich.
The… Read More>>
Dalian Wanda Opens 100th China Mall in Run-Up to HK IPO
Dalian Wanda, the real estate developer belonging to tycoon Wang Jianlin, celebrated the opening of its 100th Wanda Plaza mall on Friday, just in time to help out with the company’s upcoming IPO.
The commercial property firm celebrated the opening… Read More>>
Spielberg to Design $3.25B Universal Theme Park in Beijing
The roster of Hollywood names crowding into China’s theme park scene became a bit more crowded this week when Universal Studios announced that it would be teaming with Chinese state-run developers for a $3.25 billion theme park in Beijing.
Universal… Read More>>
From Bricks to Flicks (and Panels) – Chinese Developers Diversify
During this week two of China’s biggest real estate developers – Dalian Wanda and Guangzhou Evergrande – have announced major investment plans.
And just in case some analysts are not yet convinced of the less-than-encouraging outlook for China’s property market,… Read More>>
Wanda Joining Tencent and Baidu in RMB 5B Ecommerce Deal
The companies belonging to three of China’s richest men are joining forces to form a new RMB 5 billion ($814 million) online shopping platform as Dalian Wanda, Tencent and Baidu are reported to be ready to sign a deal as… Read More>>
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