Dalian Wanda says report chairman prevented from leaving China "groundless"

Wanda Hotel Development

28/08/2017 03:42

HONG KoNG, Aug 28 (Reuters) - Chinese conglomerate Dalian 
Wanda Group said in a statement to Reuters on Monday that a 
report claiming its billionaire chairman, Wang Jianlin, was 
prevented from leaving the country was groundless and it planned 
to take legal action. 
    Taiwanese news site Bowen Press had reported on Sunday that 
Wang was stopped from leaving Tianjin airport on Friday with his 
family and had been detained for a few hours. 
    Shares of Wang's Wanda Hotel Development  0169.HK  were down 
more than 6 percent on Monday. Dalian Wanda's bonds were down by 
as much as 2 points but bounced back. 
      
 
 (Reporting By Clare Jim and Umesh Desai; Editing by Anne Marie 
Roantree) 
 ((annemarie.roantree@thomsonreuters.com; +852 97387151; Reuters 
Messaging: annemarie.roantree.thomsonreuters.com@reuters.net)) 
 
Keywords: DALIAN WANDA REPORT/