Chinese billionaire Wang Jianlin has reached a new agreement with pre-IPO investors that allows it to stave off a $4.2 billion repayment, although the deal will see the tycoon giving up control of Wanda’s mall operator.
HONG KONG :Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit's Hong Kong listing and its impact on the group's liquidity. Wanda chairman Wang Jianlin, once China's richest man, told an internal meeting o