Wanda Gets 60 Billion Chinese Yuan Strategic Investment

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Wanda Gets 60 Billion Chinese Yuan Strategic Investment

A Wanda Plaza store is being seen in Hangzhou, Zhejiang Province, China, on March 31, 2024. On March 30, Dalian Wanda Commercial Management Group signed an investment agreement with Pacific Alliance Investment Group, Citic Capital, Ares Management, Abu Dhabi Investment Authority, and Mubadala Investment Company. Under the agreement, the five institutions are jointly investing about RMB 60 billion in Dalian Sundameng Commercial Management, taking a combined 60 percent stake, with Dalian Wanda Commercial Management holding 40 percent. (Photo by Costfoto/NurPhoto)


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