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CRI听力:Wanda Cinema Co. China IPO Denied

2014-07-05来源:CRI

The plan by China's largest cinema chain, Wanda Cinema, to list on the Shenzhen stock exchange has been denied by China's Securities regulator.

The company failed to produce the required documents for an initial public offering.

Earlier this week, Dalian Wanda Commercial Properties's plan to go public in China's A share market was also terminated by the Chinese regulators.

Dalian Wanda Group is the largest owner and operator of movie theaters in the world.