--FILE--Vue d'un de Wanda Plaza Dalian Wanda Group à Hangzhou city, east Chines dans la province du Zhejiang, 23 décembre 2014. Cabinet chinois Dalian Wanda Co
--FILE--View of a Wanda Plaza of Dalian Wanda Group in Hangzhou city, east Chinas Zhejiang province, 23 December 2014. Chinese firm Dalian Wanda Commercial Properties Co., the property arm of Dalian Wanda Group, is looking to launch its own investment product next month to fund the building of shopping malls amid a persistent downturn in property sales. Wang Jianlin, the billionaire who controls the company, said the firm will roll out a wealth-management project to finance more of its signature Wanda Plazas around the country. The °asset-light± strategy is a way to fund expansion without being weighed down by assets and it fits in with Mr. Wang¯s strategy to transform the company into an investment and services company, similar to hotel management firms°The company is changing its direction, from one that focused on real estate, into the services industry, ± Mr. Wang said in a speech given at an event organized by the Shenzhen Stock Exchange last Wednesday, which was published on its corporate website Monday (20 April 2015).The firm, which has 109 Wanda Plazas across China, is looking to open 26 more this year, according to the speech.
