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Wang Jianlin Sun Hongbin Li Sze-Lim

Wanda Topped Mainland Commercial Developers Again in 2020 Despite 13% Income Drop

2021/04/15 by Michael Cole Leave a Comment

With mainland China already recovering from the effects of the pandemic and looking forward to a vaccine-powered rebound, the impact of the COVID-19 crisis on the country’s retail sector can be seen etched across the financial performance of the country’s… Read More>>

Wang Jianlin - Wanda

Wanda Aims for Fresh Hong Kong Listing After $460M Zhuhai Govt Investment

2021/03/31 by Christopher Caillavet Leave a Comment

Dalian Wanda Commercial Management Group appears to be setting the stage for a return to the Hong Kong stock exchange after receiving fresh backing from a southern Chinese city’s government.

The property arm of billionaire Wang Jianlin’s Beijing-based Wanda Group… Read More>>

Wang Jianlin - Wanda

Wanda Abandons Six-Year Quest for Mainland Share-Listing

2021/03/24 by Christopher Caillavet Leave a Comment

Dalian Wanda Commercial Management Group, the property arm of billionaire Wang Jianlin’s Beijing-based giant, has given up its nearly six-year quest to list on a mainland Chinese stock exchange, while leaving open the possibility of a future listing.

In a… Read More>>

wang jianlin

Curtain Falls on Wanda’s Majority Control of World’s Largest Cinema Chain

2021/03/15 by Christopher Caillavet 1 Comment

Beijing-based Dalian Wanda Group’s dreams of becoming a Hollywood power player faded further last week with the news that the conglomerate helmed by billionaire Wang Jianlin had ceded majority control of the world’s biggest cinema chain, AMC Theatres.

In a… Read More>>

wang jianlin

Wanda’s AMC Entertainment Says Cash Could Run Dry This Year

2020/10/14 by Elizabeth Kerr 1 Comment

Beijing-based Dalian Wanda Group is discovering yet again that Hollywood is a tough town, as its last remaining overseas trophy warned US financial regulators that it could run out of cash this year.

With attendance down 85 percent this year… Read More>>

Reliance Market India

GIC, TPG Invest Combined $1B in Reliance Retail and More Asia Real Estate Headlines

2020/10/03 by Michael Cole Leave a Comment

Singapore was celebrating Children’s Day on Friday but the country’s sovereign wealth fund was still hard at work making a $752 million India retail investment before the weekend, with US private equity firm TPG also putting some cash into the… Read More>>

SG Private Home Price Growth Quickened in Q3 and More Asia Real Estate Headlines

2020/10/01 by Shiunne Bulsombut Leave a Comment

While the humans of Singapore are still having to struggle with the coronavirus, the city-states housing market seems to be recovering rapidly with prices for new homes gathering pace in the three months ending yesterday.

Also, in the news, billionaire… Read More>>

wanda hotel

JD.Com, Wanda to Open China’s First Gadget Hotel and More Asia Real Estate Headlines

2020/09/22 by Shiunne Bulsombut Leave a Comment

Hospitality operators desperate to show signs of life make their way to the top of Asia’s real estate headlines today as Wang Jianlin’s Wanda teams up with the country’s second-largest e-commerce provider to create a gadget-themed hotel, and the mainland’s… Read More>>

JD.Com Said Buying Wanda Billing Platform for $230M and More Asia Real Estate Headlines

2020/09/19 by Shiunne Bulsombut Leave a Comment

Wang Jianlin’s Dalian Wanda Group continues to sell off piece of business units once touted as the future of the company, as a news report in China says the conglomerate will sell its online payment unit to e-commerce giant JD.com’s… Read More>>

Wang Jianlin Dalian Wanda

Wanda Commercial Revenue Halves in H1, Stays on Course to Open 50 Malls Yearly

2020/09/06 by Skye Li 1 Comment

Dalian Wanda Group last week said that it is sticking to its plan to open 40 to 50 new plazas each year despite steep declines in revenue and profit at the conglomerate’s real estate and hospitality businesses during the first… Read More>>

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