Wanda Sells Mall in Xuzhou but Denies Financial Difficulties against all Evidence

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In its latest downsizing, Wanda has withdrawn its ownership of the Mall and replaced its principal shareholder and legal representative. Meanwhile on 20 March, all ¥8 billion in equity of Beijing Wanda Cultural Industry Group held by Wanda was frozen. Full story (in Chinese) via this link; read lots more of the latest news from Xuzhou via this link.

在最近的裁员中,万达撤销了对购物中心的所有权,并取代了其主要股东和法定代表人。 与此同时,3月20日,万达控股的北京万达文化产业集团全部80亿日元股权被冻结。 完整故事(中文)通过此链接;通过此链接阅读更多来自徐州的最新消息。

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