# insurance buyers

Wang Jianlin Sells Again: State Builders Replace Insurers as Major Buyers of Wanda Malls

Dalian Wanda has continued selling shopping malls into 2026, with recent disposals including Shanghai’s Zhuangqiao plaza. A notable shift has emerged: China State Construction bureaus are increasingly taking ownership — often of projects they originally built — in what appears to be an asset‑for‑debt settlement, complicating Wanda’s plan to pivot to a lighter, management‑centric model.