Dalian Wanda's $5b IPO faces challenges

The Chinese real estate developer aims to raise up to $5 billion in an IPO, but the timing is not ideal as sentiment sours on the sector.
The Wanda Group opened its 93rd plaza in Jinhua, Zhejiang Province in July
The Wanda Group opened its 93rd plaza in Jinhua, Zhejiang Province in July
September 17, 2014

Dalian Wanda Commercial Properties, which aims to be one of Hong Kong’s largest IPOs in recent years, is attempting to come to market at one of the most challenging times for China’s real estate markets.

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