Giant Chinese retailer Suning Commerce Group Co Ltd, the owner of Italian soccer club Inter Milan, saw its shares tumble yesterday after China
HONG KONG: Bonds and shares of Dalian Wanda Group Co units fell after Chinese media reported – denied by the company – that its billionaire chairman Wang Jianlin and his family were stopped at Tianjin airport near Beijing as they were about to depart for London last Friday.
The US$600mil of 2024 notes sold by Wanda Properties International Co dropped as much as three US cents on the dollar to 98 US cents, the lowest since July 19, before paring losses to 99.7 US cents in Hong Kong.
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