The shopping centre unit of Chinese conglomerate Dalian Wanda Group last week submitted a third prospectus for a Hong Kong initial public offering after two earlier applications had expired without seeing China’s largest commercial developer rejoin a stock exchange it… Read More>>
In today’s roundup of regional news headlines, Hong Kong home prices hit a fresh multi-year low, a Canadian pension fund manager opens an office in Mumbai, and China-based Dajia Insurance looks to sell a trio of US hotels.
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’s Dalian Wanda Group may have been forced to unwind its overseas ambitions, but the billionaire’s property business in mainland China shows no signs of flagging after it hauled in operating income more than double that of its closest… Read More>>
China’s largest commercial developer, Dalian Wanda Group, is planning to list a real estate business in Singapore, in a deal that could value a portfolio of properties at over $1 billion, according to a Wall Street Journal report.
The potential… Read More>>
China’s largest commercial developer is set to add to its portfolio of nearly 300 shopping malls after Dalian Wanda Commercial Management Group purchased a site in southern Shanghai for RMB 575 million ($85.5 million).
Wanda Commercial, the development unit of… Read More>>
Both a Hong Kong and a mainland China property company are reporting good news today, with New World Development recording a 29 percent hike in core profit over a six month period, while Dalian Wanda successfully floated a $300 million… Read More>>
Dalian Wanda boss Wang Jianlin has been forced to scale back his ambitions and sell off overseas and non-core assets in the past two years, but his flagship real estate operation still has more than twice the operating revenue of… Read More>>
China’s power-buyers are now becoming America’s super-sellers as mainland investors unloaded $1 billion in US real estate in the most recent quarter, according to an account in the Wall Street Journal. Those Chinese investors show up again in today’s roundup… Read More>>
Wanda Group has announced that it is opening 17 new Wanda Plaza shopping centres in the last five weeks of this year, accounting for 34.7 percent of the company’s total new mall openings for 2018.
The surge of new debuts… Read More>>