A Wanda film production facility in Qingdao, China. As far as its entertainment portfolio is concerned, the company still holds substantial stakes in AMC and Legendary Pictures. Photo: Bloomberg

Having dumped US$25 billion in assets, Wanda still about halfway through cutting its debt burden

  • Company has agreed to invest about US$8 billion in ‘red tourism’ projects to weather the storm
  • Owner Wang Jianlin’s net worth has plunged by about 37 per cent to US$20.2 billion
Topic |   Dalian Wanda Group

TOP PICKS

A Wanda film production facility in Qingdao, China. As far as its entertainment portfolio is concerned, the company still holds substantial stakes in AMC and Legendary Pictures. Photo: Bloomberg