Wanda plans new Haikou com­plex

China Daily (Hong Kong) - - BUSINESS -

Prop­erty and en­ter­tain­ment gi­ant Wanda Group will build a shop­ping com­plex in Haikou, Hainan prov­ince. Wanda has signed a deal with author­i­ties in Haikou for the 50 bil­lion yuan ($7.2 bil­lion) project. Wanda’s com­plexes gen­er­ally fea­ture a shop­ping mall, IMAX cine­mas and res­tau­rants. The com­plex to be built at a beach re­sort on the pic­turesque trop­i­cal is­land will also boast a theme park, con­ven­tion fa­cil­i­ties, a bio-park and other tourist fa­cil­i­ties and ho­tels. It is sched­uled to open in late 2020. lion), ac­cord­ing to Ma­cao’s Gam­ing In­spec­tion and Co­or­di­na­tion Bureau. That com­pares with the me­dian es­ti­mate for an 11 per­cent ad­vance in a Bloomberg sur­vey of nine an­a­lysts. 15-month high. The Shi­bor for three-month loans rose 1.98 ba­sis points to 3.0556 per­cent, up for the 31st straight day.

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