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Wanda's 2017 revenue down 10.8% amid asset sales
Its chairman pledges to reduce corporate debt through all available means, including the sale of non-core assets
Published Sun, Jan 21, 2018 · 09:50 PM
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Hong Kong
CHINESE conglomerate Dalian Wanda Group's revenue fell by 10.8 per cent 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 grou…
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