Plans by one leading Chinese conglomerate to de-list its shares in Hong Kong have sparked speculation over a potential new go-private trend for Chinese companies listed in the territory.
Dalian Wanda Group, the property-to-entertainment conglomerate controlled by China’s richest man Wang Jianlin, on Monday published details of its bid to privatise its flagship listed entity Dalian Wanda Commercial Properties.
Hong Kong’s loss could be Shanghai’s gain if Wang's plan for a mainland listing for the unit by August 2018 comes to fruition.
The strategy of de-listing and relisting has been widely adopted in recent years by Chinese companies listed on US markets....
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