Wanda plans new Haikou complex
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.