Alibaba’s Jack Ma seems to have decided that name-calling was the best response to a critical report by a Chinese regulator this week, and the resulting fallout helped rival billionaire Wang Jianlin, return to his former perch as China’s richest… Read More>>
Wanda Plans $1B Sydney Project After Acquiring Harbourside Site from Blackstone
Dalian Wanda confirmed today that the Chinese property developer has acquired a pair of properties near Sydney harbour, as part of a plan to build a $1 billion mixed-use complex in the Australian city.
The Beijing-based real estate company bought… Read More>>
Wang Jianlin’s Next Investment Said to Be Atletico Madrid
Wang Jianlin, China’s wealthiest real estate developer, has already diversified into movie theatres and theme parks, and now the billionaire mall builder may be making his next big deal on the soccer pitch.
According to reports in the international press… Read More>>
Wanda Goes Asset Light – Creates RMB 24B Partnership with 4 Investors
Fresh off of its $3.7 billion IPO last month, China’s Dalian Wanda Commercial Properties seems to have decided that it would rather bring in outside investors than fund its own projects.
According to a statement by the company to the… Read More>>
Wanda Cinema to Raise RMB 1.26B in Shenzhen IPO
Wanda Cinema Line, the movie theatre operator belonging to billionaire property developer Wang Jianlin, has scaled back plans for its initial public offering on China’s Shenzhen exchange under instruction from Chinese regulators.
According to a report in Reuters this week,… 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>>
What If Wanda’s Marked Down $3.8B IPO Isn’t Cheap Enough?
After ratcheting down the size of its Hong Kong initial public offering this week, China’s Dalian Wanda Commercial Properties has attracted enough buyers on the first day of order taking to sell out the entire $3.8 billion in shares.
The Beijing-based… Read More>>
Dalian Wanda Commercial Properties Plans $6B Hong Kong IPO
Dalian Wanda Commercial Properties, the real estate developer belonging to China’s richest man wang Jianlin, plans a Hong Kong initial public offering this year that could bring in more than $6 billion, according to a report on Friday in the… Read More>>
China’s Richest Man Invites Shareholders to Help Pay Tuition
Wang Jianlin, whose Dalian Wanda Group has made some of China’s boldest overseas acquisitions, is now seeking $318 million of investment from his existing shareholders to help continue the company’s acquisitions of hotel companies, overseas real estate, yacht makers, and… Read More>>
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