Caixin
Jan 07, 2015 11:34 AM

Hong Kong-Listed Wanda No Longer Boy Wonder

(Beijing and Hong Kong) – A property subsidiary of Dalian Wanda Group that kicked off an IPO road show for a Hong Kong listing in December painted itself in a blog entry as "a 15-year old boy full of vigor and bullish spirit."

The market, however, has a different opinion. Dalian Wanda Commercial Property Co. Ltd. raised only US $3.71 billion in its December 23 debut, far below the US$ 5 billion to US$ 6 billion generally expected.

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