China's Wanda may offload malls, hotels as share sale prospects dim

Real estate giant must boost liquidity due to doubts over Zhuhai Wanda float

20230531 Caixin Wanda

Wanda Reign on the Bund is one of seven luxury hotel projects owned by DWCM, the property management subsidiary of the troubled real estate company.

NIU MUJIANGQU and HAN WEI, Caixin

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.

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