Dalian Wanda's Property Arm To Delist from Hong Kong in September

(Beijing) – The property arm of Chinese conglomerate Dalian Wanda Group Co. said it will delist from the Hong Kong stock exchange on September 20, in a filing to the bourse on August 16, a day after shareholders voted in favor of a HK$ 34.5 billion (US$ 4.4 billion) buyout offer.

It was part of Dalian Wanda Commercial Properties Co. Ltd.'s plan, announced in March, to relist on the mainland A-shares market. The company went public in Hong Kong in December 2014.