Dalian Wanda Commercial Properties filed a listing application in Hong Kong Tuesday for an initial public offering that could make it the biggest real-estate frim to list with the Hong Kong stock exchange, The Wall Street Journal reported, citing a preliminary prospectus. The company, controlled by Chinese billionaire Wang Jianlin, a former military officer originally from southwest China’s Sichuan province, could raise between US$5-6 billion through the IPO. China International and HSBC Holdings PLC (HSBA.LSE) are joint sponsors of the offering, which could take place by the end of the year.
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