AMC reported a net loss of US$4.6 billion for 2020 on Friday. Photo: AFP
Thanks to Reddit’s traders, Wang Jianlin turns AMC stake from a drain into a US$675 million gain
- Wanda has now sold stake worth about US$1.5 billion
- Conglomerate acquired US cinema chain for US$700 million and US$1.9 billion in debt in 2012
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AMC reported a net loss of US$4.6 billion for 2020 on Friday. Photo: AFP