Bloomberg Markets – Wanda Drops on Reports Wang Jianlin Stopped at Airport

The company quickly issued a denial but investors remain jittery amid heightened state scrutiny of oversea investments.

August 28, 2017

‘Bonds and shares of Dalian Wanda Group Co. units fell after Chinese media reported that its billionaire Chairman Wang Jianlin and his family were stopped at Tianjin airport near Beijing as they were about to depart for London on Friday. A company denial helped the assets rally later in the day.’

Read the Full Story