Wanda Commercial Management Group Watchlist
Wanda Commercial Management Pre-IPO - The Negatives - Parents Leverage Status Will Be an Overhang
Equity Capital Markets
176 Views, 19 Jan 2022 09:50
- Wanda Commercial Management Group (WCMG) is looking to raise up to US$4bn in its upcoming Hong Kong IPO.
- WCMG is a commercial operation service provider. As of Oct 2021, the firm managed 398 malls with total gross floor area (GFA) under management of 56.5m sqm.
- In this note, we will talk about the not so positive aspects of the deal.