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China property giant Wanda Commercial s bonds suffer record slump

There was more bad news for China s real estate sector on Monday as reports of more financing troubles and a credit rating cut to the services arm of China s largest commercial property firm, Dalian.

China property giant Wanda Commercial s bonds suffer record slump

China property giant Wanda Commercial s bonds suffer record slump
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Guangdong court freezes $705 million in Wanda Commercial shares

HONG KONG/BEIJING (Reuters) - A court in Guangdong province has ordered the freezing of 5.1 billion yuan ($705 million) worth of shares in the property management arm of Dalian Wanda Group, China s largest commercial property developer, a government credit database showed.

Dalian Wanda s Wang Jianlin makes fourth bid to list Zhuhai Wanda in Hong Kong to avert refund

Dalian Wanda Group, China's largest commercial property developer, has applied for a fourth time to list its management unit on the Hong Kong stock exchange. Zhuhai Wanda Commercial Management Group's latest application for an initial public offering (IPO) came on Wednesday night. Parent company Dalian Wanda owns 69.66 per cent of Zhuhai Wanda. The management unit's previous listing attempt - made in October 2022 - lapsed in April. Dalian Wanda, founded by Chinese tycoon Wang Jianlin, has submit

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