Wang Jianlin And Ma Yun Grab The Richest Man! Wanda Business Enters HK Stock Exchange In Mid December

Missing the Alibaba's HKEx will finally usher in a big Mac IPO at the end of the year.

Wang Jianlin's Dalian commercial real estate Limited by Share Ltd, which has just been squeezed by Ma Yun, is expected to arrive in the year.

It is estimated that more than $10 billion will be raised, and Wang Jianlin may return to China's richest man after the listing.

The news of the surging news was exclusively informed that Wanda commerce has tentatively determined the timetable for listing.

According to the timetable, Wanda business started the global roadshow in early December, and was officially listed in the Hong Kong Stock Exchange in mid and late 12.

In the first prospectus of Wanda business, which was first submitted in September 16th, there was no mention of the scale of fund-raising. According to information from surging news, Wanda's first fund-raising was far more than that of Bloomberg's estimated $50 to $6 billion, which is expected to exceed $10 billion.

According to the HKEx, the minimum public shareholding of companies listed on the main board of Hongkong is 25%, which can be reduced to 10% if the pedestrian market exceeds HK $4 billion.

In terms of 25% of the public float, the market value of the company will exceed $40 billion. If the number of shares held by the public is reduced to 10%, its market value is expected to exceed US $100 billion.

According to the prospectus, Dalian Hexing Investment Co., Ltd. directly owns 99.76% of all issued shares of Wanda Group, while Wang Jianlin holds 98% of Dalian's Hexing, and the remaining 2% is held by Wang Sicong.

In addition, Wang Jianlin directly owns 0.24% of Wanda Group.

This means that Wang Jianlin and Wang Sicong own 100% stake in Wanda Group.

It has been reported that Wanda will be formally listed on the Hong Kong Stock Exchange in November, but there is still no movement.

People familiar with the matter said that one of the reasons for the delay in the listing date was the impact of Shanghai and Hong Kong through the stock market.

According to the prospectus submitted by Wanda business for the first time, Wanda integrated the three major commercial real estate sectors into listed companies, including the long-term development of property leasing business, the development and sale of property, and the development and operation of the hotel business.

90% of the listed capital collection will be used to build 10 property development projects, including Guangyuan Wanda Plaza, Harbin Hanan Wanda Plaza and other projects.

According to Wanda

Data provided last year, the company's total revenue was 86 billion 774 million yuan, net profit of 24 billion 882 million yuan.

As of June 30th, the shopping center of Wanda Commercial real estate has been rented up to about 8 million 90 thousand square meters and the rental rate is 97.8%.

It is 1012 yuan per square metre.

Sales of commercial and residential properties rose from 90 billion 200 million yuan in 2011 to 126 billion 400 million yuan in 2013, but in the first half of this year, Wanda's total sales volume was 56 billion 700 million yuan, less than half of 2013's annual sales.

Wanda Commercial real estate net profit in the first half of this year was 4 billion 900 million yuan, far below the 10 billion 100 million yuan in the same period in 2013.

The prospectus estimates that Wanda Commercial year 2014 net profit of not less than about 13 billion 200 million yuan.

Wanda Commercial Real Estate said in its prospectus that its goal is to become the largest commercial real estate company in the world.

It is estimated that the completed property assets with a total construction area of about 25 million square metres will be available by the end of 2015.