The Traderszone Network

Published in TZ Latest News 22 June, 2017 by The TZ Newswire Staff

Wanda shares tumble amid rumors of political risks

Dalian Wanda subsidiaries’ stocks slumped amid rumors that the property and entertainment giant ran afoul of Chinese politicians. Wanda Properties International’s share price fell 10.7 percent Thursday and Wanda Film Holding’s stock tumbled 10 percent, Bloomberg reported. “Political risks are the factor that is most difficult to evaluate in China. Even it is just a rumor, investors will choose to sell off first,” Core-Pacific Yamaichi HK researcher Castor Pang told the news website. The rumors […]

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