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China's Dalian Wanda plans 15b yuan local bond sale

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China's largest commercial developer is controlled by the country's richest man, Mr Wang.

Shanghai

DALIAN Wanda Commercial Properties Co, controlled by China's richest man Wang Jianlin, is seeking to sell as much as 15 billion yuan (S$3.29 billion) of local bonds as the weakening currency boosts borrowing costs overseas. The nation's biggest commercial developer is applying to...

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