Abstract : Chinese mainland conglomerate Dalian Wanda Group signed a 63.18 billion yuan (9.29 billion U.S. dollars ) deal on July 10 to sell 13 cultural tourism projects and 76 hotels to property developer Sunac.
HONG KONG -- Chinese mainland conglomerate Dalian Wanda Group signed a 63.18 billion yuan (9.29 billion U.S. dollars ) deal on July 10 to sell 13 cultural tourism projects and 76 hotels to property developer Sunac, a move that could shift its focus to asset-light business and bolster its vision of relisting in the Chinese mainland.
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Keyword:
Wanda