Once China’s Richest Man, Wang’s Mall Empire Is Now in Trouble

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A string of failed IPOs for a key Wanda unit is reviving concerns over the real estate sector

Wanda Mall in Nanning, Guangxi province, China.

Welcome to Wei Zhou in Hong Kong, where I’ve been digging into the struggles of China’s largest mall operator Dalian Wanda. We also looked at Revlon, Abengoa and at CEOs being increasingly worried about credit tightening. Follow this link to subscribe. Send us feedback and tips at [email protected] or Tweet/DM to @LCasiraghi

A string of failed IPOs at one of the world’s largest mall operators is reviving concerns about the ability of China’s beleaguered property market to recover from prolonged Covid restrictions.

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