Embattled Chinese real estate giant Dalian Wanda Group is considering offloading some shopping mall and hotel assets to increase liquidity amid fading prospects of a Hong Kong share sale by one of its units.
Dalian Wanda Commercial Management Group (DWCM), the property management subsidiary of the troubled property-to-entertainment conglomerate, is planning to sell several shopping malls and a hotel in Shanghai, Caixin learned from multiple sources.
