Dalian Wanda Group is reconsidering a plan to take its Hong Kong-listed property arm private, according to Reuters, unnerved by greater scrutiny of China listings and uncertainty over whether shareholders will approve the offer price. China’s securities regulator said on Friday it was concerned by the huge valuation gap between domestic and overseas stocks and speculation on shares in shell companies, potentially bad news for firms looking to go home to cash in on rich valuations. Dalian Wanda Commercial Properties had been looking to delist in the Hong Kong bourse’s biggest potential buyout just 15 months after its debut.
China Economic Review