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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>>

Wang JIanlin Dalian Wanda

Dalian Wanda Plans $1B Singapore REIT Listing

2019/06/23 by Jan Kot Leave a Comment

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>>

Wang Jianlin

Wanda Sports Group Files for $500M NASDAQ IPO

2019/06/13 by Jan Kot Leave a Comment

Wanda Sports Group (WSG), the owner of the Iron Man Triathlon franchise and soccer marketing group Infront Sports, has filed for an initial public offering in the US with a goal of raising up to $500 million, according to an… Read More>>

Wang Jianlin Wanda

Wanda Shows a Rebound With RMB 100B in Deals in One Week

2019/05/22 by Jan Kot Leave a Comment

One-time PLA office Wang Jianlin seems to determined to show that his Dalian Wanda Group has completed its own long march, as the commercial developer this month has announced milestones for a trio of projects worth a combined RMB 100… Read More>>

wang jianlin wanda

Dalian Wanda Buys Shanghai Commercial Site for RMB 575M

2019/03/14 by Jan Kot Leave a Comment

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>>

Wang Jianlin PLA

Wanda Looks to Cash In on Red Tourism With $1.74B Communist Party Theme Park

2018/12/17 by Emma Zhou 1 Comment

Property conglomerate Wanda Group has announced the signing of an agreement with the municipal government of Yan’an, in the remote reaches of Shaanxi province, to build a Communist Party theme park in the city recognised as the birthplace of China’s communist… Read More>>

Wang Jianlin Wanda

Wanda Targets 17 Mall Openings by Year-End

2018/12/04 by Emma Zhou Leave a Comment

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>>

Wanda Sells One Beverly Hills Project for a Reported $420M

2018/11/18 by Jan Kot Leave a Comment

Chinese billionaire Wang Jianlin has added a new chapter to the unwinding of his plans for a global real estate empire as reports last week confirmed that his Dalian Wanda Group had sold a prime Los Angeles site that was… Read More>>

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