Wanda Shares Suspended After Rumours Trigger Drop
Shares in a film unit of Chinese conglomerate Dalian Wanda Group were suspended from trading in Shenzhen after a dramatic fall on Thursday following rumours that banks would dump the firm’s bonds. The group headed by one of China’s richest men, Wang Jianlin, issued a statement rejecting online “speculations” as “just rumours”. “Today, someone on … Read more