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Dalian Wanda Group

Illustration: Lau Ka-kuen

The mogul and his firm that endured China’s economic tides – when others didn’t

Wanda Group founder Wang Jianlin turned to a ‘light-asset’ model in 2017, helping him avoid the same fate as Hui Ka Yan, the embattled founder of indebted real estate developer Evergrande Group.

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Wanda to sell James Bond’s yacht maker Sunseeker to Lionheart

Wang Jianlin’s Wanda unit gets a fund injection from PAG-led group

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).

Dalian Wanda Group’s Wanda Plaza building is pictured in Beijing, China. Photo: Reuters

Wang Jianlin cedes control of Hong Kong IPO candidate in US$5.3 billion deal

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 unit seeks to delay payment on US$600 million bond due in January

Wanda Properties International is looking to extend the maturity date of a US$600 million bond due in January by almost a year to December 2024, according to a filing with the Hong Kong stock exchange.

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Sino-Ocean seeks 12-month reprieve to repay US$280 million bond as sales slump

Chinese developer Sino-Ocean has proposed to roll over a bond by 12 months as it struggles with a liquidity squeeze. Bondholders have demanded a full repayment when due on August 2.

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Sino-Ocean and Swire Pacific jointly developed the Taikoo Li shopping mall in Chengdu, China. Photo: SCMP

Wanda Group raises funds from stake sale in unit as US$400 million bond matures

Dalian Wanda Group may avert a bond default after reports say that it may use the proceeds from the 49 per cent stake sale in Beijing Wanda Investment to repay a US$400 million note that matured on Sunday.

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Wanda commercial management unit’s bond falls to record low after S&P cuts rating

Bonds of Dalian Wanda Commercial Management Group, a unit of China’s biggest commercial property developer, tumbled on Thursday after ratings agency S&P Global downgraded its notes for a second time this week.

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China property bonds suffer sharpest three-day sell-off of the year

China property bonds such as those from state-backed Sino-Ocean Group, Dalian Wanda Group and Shui On Land among those sold in the market as debt concerns continue to plague the sector.

The Dalian Wanda Group Co. Qingpu shopping mall in Shanghai, China. Photo: Bloomberg

Long before TSMC chip plant, Taiwan enjoyed strong support from Arizona

Arizona’s long-standing support for Taiwan, going back to the 1960s, underscores the increasing importance of subnational diplomacy for the self-ruled island.

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Arizona’s support for Taiwan goes back to the mid-20th century, helping lay the groundwork for what became the largest foreign direct investment project in the US. Illustration: Davies Christian Surya

Developer vows legal battle as China freezes US$270 million in shares

Dalian Wanda Group is ‘confident in defending’ against the freeze but faces liquidity concerns following repeated failures by its unit Zhuhai Wanda Commercial Management Group to get approval for a Hong Kong IPO.

Wanda bond prices rise after creditors chose not to seek early loan repayments

Dalian Wanda’s dollar bonds jumped to a new high on Monday after it said creditors of loans worth US$1.3 billion had not demanded early repayments following the failed IPO of unit Zhuhai Wanda.

Dalian Wanda unit’s Hong Kong IPO application lapses for the third time

The deadline to list Zhuhai Wanda Commercial Management Group lapsed on Tuesday, the Hong Kong stock exchange said, putting parent Dalian Wanda Commercial’s bonds under further pressure.

Dalian Wanda Group’s woes mount after an affiliate’s IPO deadline lapsed in Hong Kong. Photo: Reuters

Wanda Group firm’s bonds slide on loan extension concerns, unit’s IPO deadline

Dalian Wanda Commercial Management’s offshore bonds fell this week as investors are concerned about possible extension to onshore trust loans, while the clock is ticking for its subsidiary to launch its IPO.

Dalian Wanda was placed on a watch list by regulators in 2017 along with a few other privately controlled Chinese conglomerates. Photo: Imaginechina via AFP

Dalian Wanda returns to offshore markets with US$300 million bond sale

Dalian Wanda Commercial Management is poised to issue US$300 million of high-yield bonds, its second offering in the offshore debt market this year, according to people familiar with the matter.

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Dalian Wanda unit issues US dollar bond to raise US$400 million

A unit of Chinese conglomerate Dalian Wanda Group has issued an 11 per cent US$400 million bond, reversing market expectations about junk debt following a default crisis among indebted Chinese developers.

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Chinese conglomerate Dalian Wanda to open renovated Beijing mall in June

Dalian Wanda Group plans to open a new mall in Beijing in June 2023 under its “asset-light” business model, further expanding its shopping-centre empire on the mainland.

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Dalian Wanda Group, one of China’s biggest property conglomerates, focuses on malls and theme parks. Photo: Reuters

Where are the white knights in China’s US$1.7 trillion property sector?

Anxious to avoid the civil unrest that would almost certainly follow a collapse in the housing market, local authorities are relaxing their stranglehold on the property sector. But will it be enough?

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Wanda forms venture with struggling Red Flag to sell cars in China

Dalian Wanda is expanding its foray into the cars sector with a joint venture that will offer services such as sales and parking. Last month, it formed a partnership with FAW to provide user experiences for owners of the latter’s Red Flag cars.

Dalian Wanda’s property management unit files to list in Hong Kong

Zhuhai Wanda Commercial Management’s Hong Kong listing plan came after it had withdrawn a plan to list on the Shanghai bourse despite waiting in line for about five years.

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Cranes operate at residential buildings under construction at Dalian Wanda’s Oriental Movie Metropolis film production hub in Qingdao, China, in April, 2018. Photo: Bloomberg

Chinese tycoon’s son opens fire on Meituan for user’s data breach

Wang’s complaint adds pressure to the 3.44 billion yuan fine that the Beijing-based company was slapped with last week for engaging in monopolistic behaviour in the meals delivery business that it dominates.

A booth for Chinese technology firm Meituan at the China International Fair for Trade in Services in Beijing on September 3. Photo: AP.

Sunac’s unit faces cash flow woes as it fails to collect sales proceeds

Sunac’s shares jumped by as much as 20 per cent on the Hong Kong exchange to as much as HK$15.58, their biggest intraday leap ever, reversing two days of declines.

Scion of Dalian Wanda accused of sending abusive texts to online celebrity

A woman posted online a series of abusive text messages from Wang Sicong, the scion of the world’s largest property developer. 

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Thanks to Reddit’s traders, Wanda turns AMC stake into a gain

Chinese conglomerate Dalian Wanda Group has sold almost all of its stake in US cinema chain AMC Entertainment Holdings, the highly indebted company said on Sunday.

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AMC reported a net loss of US$4.6 billion for 2020 on Friday. Photo: AFP

Dalian Wanda’s media flagship runs aground as AMC stake shrinks

Dalian Wanda Group has lost its control in AMC Entertainment Holdings, the largest cinema chain in the US, after AMC’s additional equity sales and bond conversion diluted shareholders’ stake amid the pandemic.

View of the AMC Empire 25 theatre on 42nd Street in the Manhattan borough of New York in January 2017. Photo: Shutterstock

Record-breaking Dalian coach Chi Shangbin dies aged 71

Chi Shangbin oversaw back-to-back league titles for Dalian in 1996 and 1997.

China’s online trading platforms land in ‘nerds vs Wall Street’ battle

“We have communicated with the upstream, the trading of GME (GameStop) on Futu will be restored within today,” Futu founder Leaf Li Hua said in a phone message to South China Morning Post on Friday.

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Dalian Wanda Group
The latest news, analysis and opinion on Dalian Wanda Group. In-depth analysis, industry insights and expert opinion.
Chairman / President
Wang Jianlin
CEO / Managing Director
Ding Benxi
CFO / Finance Director
XU Chengning
Industry
Consulting & Business Services
Website
wanda-group.com
Headquarters address
Tower B, No. 93 Jianguo Road, Wanda Plaza, Chaoyang District, Beijing, Beijing, 100022, China
Year founded
1988
last updated:
30 September, 2024
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