Dalian Wanda Commercial Properties
Dalian Wanda Offers Record bid to Delist Hong Kong Unit
| Rina S. | | May 31, 2016 09:00 AM EDT |
China's Dalian Wanda group has increased its bid to $4.4 billion to buy out its Hong Kong-based Dalian Wanda Commercial Properties. The group plans to delist from Hong Kong and take the unit private. The group may decide to relist the company in Shanghai for better valuations. The current offer is 10 percent higher than the initial offer made on March 30.
Billionaire Wang Jianlin Becomes First Person From Mainland China to Crack World's Top 20 Richest List
| Christian George Acevedo | | Jan 06, 2016 07:39 AM EST |
For the first time, someone from mainland China has made it into Forbes top 20 rich list.
Subscribe to CHINATOPIX !
Sign up for our free weekly newsletter for the latest in-depth coverage!
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?
