Share Price Pushes Wang Jianlin Up
Catching up with the "Internet +" boom, the rapid expansion of light assets is an important reason for Wanda's better performance in the capital market and the revaluation of its value.
According to the Bloomberg Chinese rich list and the Asian rich list as of May 1st, Wang Jianlin ranked eleventh in the world, Ma Yun ranked seventeenth in 35 billion 100 million dollars, and Li Jiacheng ranked nineteenth in 34 billion 700 million dollars.
Wanda In May 4th, it confirmed the data by issuing a press release. "From the end of April, Wang Jianlin's ranking continued to exceed Li Jiacheng and Ma Yun."
On the list of Forbes rich list, Wang Jianlin was worth $24 billion 200 million. Stock price rally is a direct impetus to help Wang Jianlin to become the richest Chinese.
Insiders familiar with Wanda said, "Wanda Group's flag." A shares and H shares The sharp rise in share prices of two listed companies is a key factor in Wang Jianlin's surge.
Since April, Wanda Commercial share price has been rising, with a 33% increase in the range. As of May 4th, the total market value of Wanda cinema was 94 billion yuan. Nearly a month, Wanda cinema share prices also rose sharply, the interval rose to 74%. In addition, Wang Jianlin also holds a AMC78% stake in the US market. As of May 4th, the stock market capitalization was about 14 billion 500 million yuan.
Wang Jianlin holds 2 billion 430 million shares in Wanda Commercial, 60.71% stake in Wanda cinema, and AMC shares. The total value of the stock held by the Wang Jianlin family has exceeded 200 billion yuan, which is equivalent to about 32 billion dollars, for the three.
Recently, UBS Securities has reiterated the "buy" rating for Wanda commerce. "Wanda commerce has a large commercial property portfolio in the mainland. It is believed that it can benefit from the central trend to boost domestic consumption upgrading. Wanda has strong domestic brands, and believes that retail property is popular among retailers at home and abroad. With the maturity of its commercial property portfolio, Wanda still believes that Wanda still has room to raise its rents."
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