BEIJING (Reuters) - China's richest man, Wang Jianlin, said on Tuesday that Dalian Wanda Commercial Properties Co, the real estate flagship of his Wanda empire, would re-list on the Shanghai Stock Exchange either through an initial public offering (IPO) or a backdoor listing.
Approval for an IPO could take two or three years, while a backdoor listing would require more than a year, Wang said in an exclusive interview with Reuters.
Shareholders of the Hong Kong-listed real estate firm last week approved a buy-out offer that would see the firm privatized. The company said earlier this month it planned to de-list from the Hong Kong stock exchange on Sept. 20.
(Reporting By Matthew Miller and Shu Zhang; Editing by Alex Richardson)
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Change
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5d. change
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Capi.
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| 17,285 PTS | +0.48% | +6.35% | - | ||
| 3,200 PTS | +0.26% | -0.61% | - | ||
| 247.7 PTS | +0.63% | -3.43% | - | ||
DALIAN WANDA COMMERCIAL PROPERTIES COLTD 
