HK-listed Wanda Commercial's take-private move facing regulatory hurdles

HK-listed Wanda Commercial's take-private move facing regulatory hurdles

The company logo of Dalian Wanda Commercial Properties Co Ltd is displayed at a news conference on the company's annual results in Hong Kong, China March 24, 2016. REUTERS/Bobby Yip/File Photo

A plan by China’s richest man, Wang Jianlin, to take his Hong Kong-listed commercial property unit private is being held up by questions from the city’s market regulator, according to company insiders, delaying an announcement on the offer.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter