Property investment

Shutterstock image shows Wanda Plaza in Beijing. It is located near 3rd Ring Road and China World Trade Center, Its gross floor is 500,000m2, incl. 220,000m2 five-star hotels and offices.

Wanda Hotel’s shares soar on becoming hotel, theme park manager

Chinese magnate Wang Jianlin, fresh from an epic sale of 77 of his hotels and 13 theme parks to pursue what he calls an “asset light” business model, has injected the management and operations of his erstwhile assets into one of his Hong Kong affiliates, as he rearranges his corporate portfolio a