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Wanda says it does not have a cash flow problem, denying allegations made by WeChat blogger
 

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Wang Jianlin, chairman of Dalian Wanda Group, speaks at the Wanda Film Summit, in Los Angeles in October last year. He said on Monday he is buying a controlling 65 per cent stake in Hong Kong-listed company Wanda Hotel Development for HK$3.67 billion. Photo: TNS
Wanda Group, controlled by billionaire Wang Jianlin, has been granted permission to proceed with an offshore bond issue in Hong Kong, suggesting a thaw in its relations with mainland authorities
Wanda Plaza, the property giant’s headquarters in Beijing. Most of Wanda’s asset-light hospitality enterprises will be held by Wanda Culture, part of Wanda Hotel Development. Photo: AFP

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