0169.HK - Wanda Hotel Development Company Limited

HKSE - HKSE Delayed Price. Currency in HKD
1.450
-0.020 (-1.361%)
As of 2:24PM HKT. Market open.
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Previous Close1.470
Open1.510
Bid1.450 x 0
Ask1.460 x 0
Day's Range1.450 - 1.540
52 Week Range0.580 - 2.390
Volume5,531,000
Avg. Volume8,197,868
Market Cap6.811B
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Wanda Puts Two U.S. Real Estate Projects Up for Sale
    Bloomberg24 days ago

    Wanda Puts Two U.S. Real Estate Projects Up for Sale

    Chinese billionaire Wang Jianlin’s Dalian Wanda Group Co. has put its last two overseas property developments up for sale, according to people familiar with the matter, in the latest unwinding of a decade-long ...

  • Reuters24 days ago

    Wanda Hotel shares set to open up 48 percent on Australian projects sale

    HONG KONG (Reuters) - Shares of Wanda Hotel Development Co Ltd are set to open up 48 percent on Tuesday, a day after the Hong Kong-listed unit of Dalian Wanda Group announced sales of two Australian projects ...

  • Reuters24 days ago

    Wanda Hotel shares set to open up 48 percent on Australian projects sale

    Shares of Wanda Hotel Development Co Ltd are set to open up 48 percent on Tuesday, a day after the Hong Kong-listed unit of Dalian Wanda Group announced sales of two Australian projects for a total of about $913 million. Chinese conglomerate Dalian Wanda Group has agreed to sell its two Australian projects to a China-backed developer for a total of A$1.13 billion in equity and assumed debt.

  • Reuters25 days ago

    China's Wanda Group gets $913 mln from sale of Australian projects

    HONG KONG/SYDNEY, Jan 29 (Reuters) - Chinese conglomerate Dalian Wanda Group has agreed to sell its two Australian projects to a China-backed developer for a total of A$1.13 billion ($913 million) in equity and assumed debt. Wanda Group will get A$315 million for the sale, and the buyer will also repay A$815.1 million in assumed debt on behalf of the company, according to a statement by Wanda Hotel Development Co Ltd, the Hong Kong-listed unit of Wanda Group, on Monday. The deal, signed on Jan. 18, comes just days after Wanda sold a high-profile London luxury development project for around $81 million, the latest in a string of asset sales that underscore financial strains hitting the Chinese conglomerate.

  • Reuters25 days ago

    China's Wanda Group gets $913 mln from Australia projects disposal

    Chinese conglomerate Dalian Wanda Group had agreed to sell its two Australian projects for a total of A$1.13 billion ($913 million) in equity and assumed debt. Wanda Group will get A$315 million for the sale, and the buyer will also repay A$815.1 million in assumed debt on behalf of the company, according to Wanda Hotel Development Co Ltd on Monday, the Hong Kong-listed unit of Wanda Group. The deal, signed on Jan. 18, comes just days after it sold a high-profile London luxury development project for around $81 million, the latest in a string of asset sales that underscore financial strains hitting the Chinese conglomerate.

  • Reuterslast month

    Wanda Hotel plans sale of Australia property projects; trade halted

    Wanda Hotel Development Co Ltd said late on Tuesday a unit has entered into an agreement to sell the rights and interests in certain property projects in Australia to an independent third party. The company's shares, which were put on a trading halt on Friday, would remain suspended pending announcement of the disposal, the Hong Kong-listed firm said. Sources last week said Wanda Hotel's parent company Dalian Wanda Group was expected to announce the sale of two Australian property projects, which The Australian newspaper said were worth about A$1 billion ($800 million).

  • Reuterslast month

    China's Dalian Wanda Group says 2017 revenue down 10.8 percent on asset sales

    Chinese conglomerate Dalian Wanda Group's revenue fell by 10.8 percent in 2017, the second consecutive year it declined, as the debt-laden group sold off property assets and faced increasing scrutiny from regulators and lenders. The property-to-entertainment group, owned by tycoon Wang Jianlin, reported 227.4 billion yuan ($35.54 billion) in revenue for last year, while net profit remained flat compared with 2016, according to a statement posted on the company's website on Saturday. Total assets, of which 93 percent are domestic, declined 11.5 percent to 700 billion yuan.

  • Reuterslast month

    China's Wanda to soon announce sale of Australia projects -sources

    Dalian Wanda Group is expected to announce the sale of two Australian property projects in the coming days, people with knowledge of the matter said, as the Chinese firm looks to lessen financial strains caused by a major acquisition spree. A sale of the projects, reported by The Australian newspaper to be worth A$1 billion ($800 million), would follow an agreement to sell interests in a high-profile London property development and would help the group meet upcoming debt deadlines. China's regulators last year told banks to stop providing funding for several of Wanda's overseas acquisitions, sources have said, part of a crackdown on what Beijing sees as irrational spending by some domestic conglomerates.

  • Reuterslast month

    HK's Wanda Hotel halts trade pending statement on asset disposal

    HONG KONG, Jan 19 (Reuters) - Wanda Hotel Development Co Ltd said on Friday it had requested a trading halt for its shares, pending a statement regarding a "very substantial disposal" by the ...

  • Wanda Nearing Sale of Australian Property Projects
    Bloomberglast month

    Wanda Nearing Sale of Australian Property Projects

    Billionaire Wang Jianlin’s Dalian Wanda Group Co. is close to reaching an agreement to sell two Australian luxury property projects -- one in Sydney and one on the nation’s Gold Coast, according to people ...

  • Reuterslast month

    China's Wanda sells interests in high-profile London property project

    Dalian Wanda Group has agreed to sell its interests in the high-profile London luxury development project, One Nine Elms, for 59 million pounds, the latest in a string of asset sales that underscore financial strains hitting the Chinese conglomerate. The conglomerate, which has businesses that range from real estate to football and cinemas, had initially said it wanted to transfer ownership of some its overseas assets to its holding company as part of a restructuring, keeping them within the group. Bloomberg news, citing people with knowledge of the matter, said the buyer was Guangzhou R&F Properties (2777.HK), a firm that has also stepped up to purchase other Wanda property assets.

  • Who Are The Major Shareholders In Wanda Hotel Development Company Limited (HKG:169)?
    Simply Wall St.last month

    Who Are The Major Shareholders In Wanda Hotel Development Company Limited (HKG:169)?

    In this article, I’m going to take a look at Wanda Hotel Development Company Limited’s (SEHK:169) latest ownership structure, a non-fundamental factor which is important, but remains a less discussedRead More...

  • Wanda Hotel Development Company Limited (HKG:169): Time For A Financial Health Check
    Simply Wall St.2 months ago

    Wanda Hotel Development Company Limited (HKG:169): Time For A Financial Health Check

    Wanda Hotel Development Company Limited (SEHK:169) is a small-cap stock with a market capitalization of HK$6.48B. While investors primarily focus on the growth potential and competitive landscape of the small-capRead More...

  • December Insights Into Real Estate Stocks: Wanda Hotel Development Company Limited (HKG:169)
    Simply Wall St.2 months ago

    December Insights Into Real Estate Stocks: Wanda Hotel Development Company Limited (HKG:169)

    Wanda Hotel Development Company Limited (SEHK:169), a HKDHK$6.67B mid-cap, is a real estate company operating in an industry which remains the single largest sector globally, and has continued to playRead More...

  • Dalian Wanda sold major China ski resort in June: report
    Reuters3 months ago

    Dalian Wanda sold major China ski resort in June: report

    Dalian Wanda Group sold one of China's largest ski resorts to another conglomerate in June, online news website The Paper reported, although it did not give a deal value for the site billed by Wanda as a $3 billion investment project. The report follows several large asset sales this year by the Wanda group, which is led by billionaire founder Wang Jianlin. Control of the Changbaishan International Resort in northern China was transferred to the Dalian Yifang Group on June 16, The Paper said in a Nov. 29 article citing the resort's registry.

  • Reuters3 months ago

    Dalian Wanda sold major China ski resort in June - report

    Dalian Wanda Group sold one of China's largest ski resorts to another conglomerate in June, online news website The Paper reported, although it did not give a deal value for the site billed by Wanda as a $3 billion investment project. The report follows several large asset sales this year by the Wanda group, which is led by billionaire founder Wang Jianlin. Control of the Changbaishan International Resort in northern China was transferred to the Dalian Yifang Group on June 16, The Paper said in a Nov. 29 article citing the resort's registry.

  • Reuters3 months ago

    Wanda founder Wang to buy majority stake in Wanda Hotel in $470 mln deal

    Dalian Wanda group's billionaire founder Wang Jianlin has agreed to buy a majority stake in Wanda Hotel Development Co for $470 million from Wanda Commercial Properties, a move that is expected to boost liquidity at the indebted property firm. In a statement to the stock exchange on Monday, Wanda Hotel said Wanda Commercial Properties Overseas, which is about 60 percent owned by Wang, will transfer its 65.04 percent stake to Wanda Investment Holding Co Ltd - 100 per cent owned by Wang - at HK$1.20 a share.

  • Reuters3 months ago

    Wanda Hotel says founder Wang Jianlin's wholly-owned unit to become No.1 shareholder

    HONG KONG, Dec 4 (Reuters) - Wanda Hotel Development Co said on Monday 65.04 percent of its issued shares will be transferred to a wholly owned unit of billionaire founder Wang Jianlin at HK$1.20 a share ...

  • Reuters3 months ago

    Wanda to repay offshore debt in three steps

    Dalian Wanda Commercial Properties is proposing to repay US$1.7325bn of offshore loans within six months after ratings downgrades triggered mandatory repayments, according to sources. The property-to-cinema conglomerate told banks earlier this month that its commercial property unit planned to repay four loans in full by May, resisting some lenders' calls for immediate repayment.

  • Reuters3 months ago

    China's Wanda Hotel reviews property landmarks, but no talks to sell

    China's Wanda Hotel Development Co said on Tuesday it was open to "business opportunities" related to its portfolio of landmark overseas properties, although no sale talks were under way. The company was responding to a South China Morning Post report last week that the conglomerate was looking to sell $5 billion (3.8 billion pounds) of overseas property assets to a single buyer. On Tuesday, Wanda Hotel said it had not entered talks for the assets.

  • China's Dangerous Game of Pass-the-Parcel
    Bloomberg6 months ago

    China's Dangerous Game of Pass-the-Parcel

    R&F shareholders shouldn't be thrilled their developer is picking up the beleaguered firm's off-cuts.