# dollar bonds

Wanda Sells the Crown Jewels: Wang Jianlin Trims Assets to Buy Time

Wanda has accelerated the sale of mall properties, including the deeply discounted Zhuanqiao Wanda Plaza in Shanghai, to plug large near-term funding gaps. The disposals are part of a deliberate shift to a light-asset, operator-focused model, but heavy leverage and high refinancing costs mean the company remains vulnerable and dependent on investor tolerance.