People familiar with the matter revealed that Wang Jianlin, chairman of China Dalian Wanda Group, acknowledged at the internal meeting last week that the company faced some difficulties.
Bloomberg quoted people familiar with the matter that Wang Jianlin said at the management meeting last Friday (April 21) that Wanda can overcome the challenge, including the first public offering of the operating department of its shopping malls (IPO).
The Hong Kong Exchange website shows that the Hong Kong IPO prospectus of Zhuhai Wanda Business Management Group Co., Ltd. expired after six months of validity period, and the status has been shown as "failure".This is the third time the company has applied for listing.
The report also said that due to uncertainty in the listing of Zhuhai Wanda, investors' concerns about Wanda debt have intensified.
Bloomberg's prices show that the two US dollar bonds issued by Wanda subsidiaries earlier this year, the transaction price is currently lower than 60 cents, which is usually considered to be a bad level.
