Exclusive: Three Wanda Executives Under Police Investigation

Three senior executives of Dalian Wanda Group Co. Ltd. were placed under investigation by police, Caixin learned, sparking fresh concerns over the struggling developer.

Liu Haibo, a senior vice president of Wanda, was taken away by police Aug. 3, company sources familiar with the matter told Caixin. Zou Hairong, assistant to the president of Wanda, and Mou Xiangdong, Wanda’s Beijing and North Hebei business head, were also probed, a person close to the matter said.