Wanda to list sports unit in US ahead of Beijing Olympics

Conglomerate focuses on 'asset-light' business after years of ballooning debt

ALEX FANG, Nikkei staff writer

NEW YORK -- Chinese conglomerate Dalian Wanda Group has filed to list its sports media and events unit on Nasdaq, with an eye on the 2022 Beijing Winter Olympics and a growing sports fan base at home.

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