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Top News In Beijing Wanda Investment Today - Breaking & Trending Today

Cash-starved Chinese property group Dalian Wanda sells Shanghai luxury hotel

The cash-strapped Dalian Wanda Group sold its luxury hotel in Shanghai to Indonesian pulp and paper billionaire Sukanto Tanoto, at a reported price of between 1.44 billion and 1.66 billion yuan (US$204 million and US$234 million). ....

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Chinese billionaire Wang Jianlin loses control of Hong Kong IPO candidate in deal to avert US$5.3 billion crunch

Changes in control of Zhuhai Wanda, the world’s largest mall operator, came after Wang Jianlin’s Zhuhai Wanda failed to list in Hong Kong by end-2023 as stipulated under a 2021 deal with outside investors. ....

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Wanda's Billionaire Founder Sells Film Unit as Debt Pressure Builds

Wanda's Billionaire Founder Sells Film Unit as Debt Pressure Builds
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China's Wanda to sell control in film business to China Ruyi-linked firm

BEIJING -Chinese conglomerate Dalian Wanda s chairman and two units have agreed to sell a combined 51% stake in the controlling shareholder of Wanda Film to a company linked to Tencent-invested China. ....

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Wanda's Billionaire Founder Wang Jianlin Sells Film Unit as Debt Woes Build

Wanda's Billionaire Founder Wang Jianlin Sells Film Unit as Debt Woes Build
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