Market Rumors: Dalian Wanda, BAIC Motor, Jasmine
By Chelsea Naso ( December 8, 2014, 2:53 PM EST) -- Dalian Wanda Commercial Properties Co. Ltd. slashed the size of its anticipated Hong Kong initial public offering from $6 billion to $3.9 billion to draw in potential investors hesitant to buy a stake in the Chinese real estate giant because of its nearly $30 billion worth of debt, Reuters reported Monday. The IPO is expected to price on Dec. 16 and list on Dec. 23. ...
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