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Jun 12, 2023 · Around five years ago, he managed to save Wanda from bankruptcy by selling his hotels to Guangzhou R&F Properties Co. and tourism and theme-park projects to Sunac China Holdings Ltd. in deals...
- China Tycoon Who Lost $32 Billion Tries to Salvage an Empire
China Tycoon Who Lost $32 Billion Tries to Salvage an...
- China Tycoon Who Lost $32 Billion Tries to Salvage an Empire
Dec 27, 2019 · HONG KONG (BLOOMBERG) - Mr Wang Sicong, the only son of the founder and chairman of Chinese conglomerate Dalian Wanda Group Co., reached an agreement with creditors after local courts...
Mar 16, 2021 · BEIJING (BLOOMBERG) - Wang Jianlin used to be Asia's richest person, busy expanding his Dalian Wanda Group by acquiring trophy assets overseas, all aided by easy credit.
Dec 27, 2019 · The 31-year-old will compensate dozens of investors in his now bankrupt entertainment firm and will shoulder a loss of almost 2 billion yuan ($286 million), according to a statement on the...
DALIAN, China/DUBAI -- Chinese developer Dalian Wanda Group has ceded control of its core mall unit to outside investors as part of a multibillion-dollar deal, which is expected to help the...
Jun 30, 2023 · W ang Jianlin, the billionaire founder of China’s entertainment-to-property conglomerate Dalian Wanda Group, has become the country’s latest real estate tycoon to grapple with a mountain of...
Mar 15, 2021 · China Tycoon Who Lost $32 Billion Tries to Salvage an Empire. Wanda Group’s cinemas, malls hit by pandemic as debt ballooned. Founder Wang Jianlin’s wealth is now a sliver of its 2015 peak.
