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Top related persons:
Wanda - 1 Tingshu Wang - 1 Wanda Properties - 1 Liz Lee - 1 Jamie Freed - 1 Bobby Yip - 1 Ping - 1 Lu Wenxi - 1
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China Hong Kong Rights BEIJING Beijing HONG KONG Singapore
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REUTERS - 2 Thomson - 2 Dalian Wanda Group - 1 Beijing's - 1 Business - 1 Rights - 1 RIC - 1 Dalian Wanda - 1

Search resuls for: "Wanda Properties"


2 mentions found


☆ Wanda Properties says extension on $600 mln bond repayment gains early consent from holders
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +1 min
A sign of Wanda is pictured at the headquarters of Dalian Wanda Group, in Beijing's Central Business District (CBD), China August 8, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsBEIJING, Nov 30 (Reuters) - Chinese real estate firm Wanda Properties International [RIC:RIC:WPIC.UL], a unit of conglomerate Dalian Wanda Group, said on Thursday it had received early consent approval from bondholders to extend the repayment on a $600 million guaranteed bond due 2024. The regulatory filing in Hong Kong said those voting in favour of the extension represented more than 99.3% of the aggregate principal amount of the bonds. Wanda Properties is still seeking final approval to extend the payment date of its $600 million 7.25% note to Dec. 29, 2024 from the current maturity date of Jan. 29, at a meeting of bondholders on Dec. 13 this year. Reporting by Liz Lee and Beijing newsroom; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Persons: Wanda, Tingshu Wang, Wanda Properties, Liz Lee, Jamie Freed Organizations: Dalian Wanda Group, Beijing's, Business, REUTERS, Rights, RIC, Dalian Wanda, Thomson Locations: China, Rights BEIJING, Hong Kong, Beijing
☆ Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +2 min
Company logo of Ping An Insurance Group is shown at a news conference following the company's announcement of its annual results in Hong Kong, China March 16, 2016. Ping An's Hong Kong-listed shares tumbled 5.4%, their sharpest daily fall in more than a year, wiping out almost $2.1 billion in market capitalisation. "Such a move should mitigate or control the risks in the market," said Lu Wenxi, analyst at property agency Centaline. "This move is a big boost to market confidence, because now the whole real estate market, especially some major real estate enterprises are under pretty big pressure, and their bankruptcy risks triggering a chain reaction." Reporting by Anne Marie Roantree in Hong Kong.
Persons: Bobby Yip, Ping, Lu Wenxi, Anne Marie Roantree, Tom Westbrook, Edmund Klamann, Kim Coghill Organizations: Ping An Insurance, REUTERS, Ping, Ping An Insurance Group, Reuters, HK, Ping An, China, Sunac China Holdings, Wanda, Thomson Locations: Hong Kong, China, HONG KONG, Singapore
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