China’s Wanda Stock Crashes, Chairman Detained

China’s Wanda Stock Crashes, Chairman Detained

China’s Wanda Stock Crashes, Chairman Detained $AMC Wanda’s Hollywood future in question, Beijing exerts pressure Wanda said the claim was “false and malicious.” Chinese conglomerate Dalian Wanda Group denied rumors that its billionaire chairman Wang Jianlin was detained by authorities and forbidden to leave China. But the damage has been done at home and abroad […]

China is Controlling Offshore Investments

China is Controlling Offshore Investments

China is Controlling Offshore Investments $AMC China’s controlling offshore investments makes sense, but that does not mean it is smart. It is tempting to see all manner of conspiracies behind the Chinese government’s recent crack down on companies that have expanded rapidly abroad. In fact, the reasoning behind the campaign is straightforward. The real problem is […]

Wanda Group and Microsoft Accelerator Partner Together to Empower Startups

Wanda Group and Microsoft Accelerator Partner Together to Empower Startups

Wanda Group and Microsoft Accelerator Partner Together to Empower Startups Wanda Group, one of the Fortune Global 500 List companies, is tapping into the resources of Microsoft Accelerator to enable the next wave of digital transformation of the retail industry and commercial properties in China. For the past four and a half years, Microsoft Beijing […]

China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions

China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions

China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions $AMC, $SNE China’s Dalian Wanda Group has added another entertainment trophy to its stable of overseas acquisitions, paying $1-B for Dick Clark Productions, the TV company that produces the Golden Globes and the “Miss America” pageant. Wanda is one of China’s most important conglomerates and […]

Wanda’s Wang Jianlin Unveils $8-B Qingdao Studio

Wanda’s Wang Jianlin Unveils $8-B Qingdao Studio

Wanda’s Wang Jianlin Unveils $8-B Qingdao Studio $AMC, $CKEC Wang Jianlin, the chairman of China’s Dalian Wanda Group, unveiled plans for a massive $8.2-B production facility in Qingdao at a recent gala. Wang also detailed a plan to incentivize production at the sprawling studio complex by rebating up to 40% of a production’s costs. The […]

Wanda Group in Talks for Minority Viacom Interest

Wanda Group in Talks for Minority Viacom Interest

Wanda Group in Talks for Minority Viacom Interest $VIA, $CBS, $$AMC Chinese real estate and entertainment conglomerate Dalian Wanda Group has held talks with Viacom Inc (NASDAQ:VIA) about acquiring a minority stake in its Paramount Pictures unit, according to 2 people familiar with the situation. Wanda’s interest adds new urgency to deliberations over Paramount’s future, […]

China’s Wanda Pictures Gets Investment From Puji and Jupai

China’s Wanda Pictures Gets Investment From Puji and Jupai

China’s Wanda Pictures Gets Investment From Puji and Jupai The 2 companies are looking to “capitalize on the burgeoning global media and entertainment industry as well as other high-growth sector companies that have cross-border attraction in China and the United States,” they said in a statement Monday Chinese conglomerate Dalian Wanda Group’s Wanda Pictures business […]