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Wang Jianlin Wanda Getty Images

Wanda’s Wang Jianlin Selling Film Unit to Tencent-Backed China Ruyi

2023/12/07 by Kevin He Leave a Comment

Wang Jianlin, the billionaire chairman of troubled Chinese developer Dalian Wanda Group, is set to sell his controlling stake in the company’s film business, with the once would-be media mogul shedding his movie holdings amid a liquidity crunch.

In a… Read More>>

Dalian Wanda chairman Wang Jianlin

Wanda Group Reveals Fourth Attempt at Hong Kong IPO for Mall Management Unit

2023/07/02 by Christopher Caillavet Leave a Comment

After failing three times previously, Dalian Wanda Group is taking another stab at listing its mall management unit on the Hong Kong stock exchange.

Zhuhai Wanda Commercial Management filed an application proof for a Hong Kong initial public offering last… Read More>>

Wang Jianlin of Dalian Wanda Group

Mainland Regulators Query Wanda Group Over Hong Kong IPO Application

2023/06/08 by Beatrice Laforga Leave a Comment

Chinese regulators have asked Dalian Wanda Commercial Management to provide additional details on its application for a Hong Kong initial public offering, fuelling worries over the ability of the country’s largest commercial developer to meet its listing deadline this year.

… Read More>>

Seazen Group vice chairman Qu Dejun

Vice Chairman of Top 20 Chinese Developer Goes Missing

2023/02/13 by Greg Isaacson Leave a Comment

The vice chairman of Hong Kong-listed Seazen Group, one of China’s largest homebuilders, has gone missing, with mainland news sources reporting that the executive is cooperating with authorities on an investigation into Dalian Wanda Group, where he previously held top… Read More>>

Wang Jianlin Wanda Commercial

Wanda Led China’s Commercial Developers Again in 2022 with 7% Growth

2023/01/24 by Greg Isaacson Leave a Comment

China’s top commercial developers saw their operating income rise more than 5 percent in 2022, with Dalian Wanda Group’s mall-building business once again dominating the pack, as the mainland’s housing market crisis and sluggish economy left the country’s largest commercial… 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>>

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>>

wang jianlin

Wanda’s AMC Facing Imminent Default as COVID-19 Empties Movie Theatres

2020/04/14 by James Hatton Leave a Comment

American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese conglomerate Dalian Wanda bought the Kansas-based company for $2.6 billion.

Shares in the NYSE-listed firm closed down 20 percent to $2.08… Read More>>

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