Dalian Wanda Group will invest in fast money

The main business has just been listed in HKEx, Dalian Wanda Group (hereinafter called "Wanda") and will invest fast money. On the evening of December 24, Wanda's relevant officials confirmed the news to reporters.

A recent market news that Wanda's investment in fast money will involve two aspects of capital and business integration, the quick money has not yet commented. Wanda said the details of the investment will be officially announced in Friday.

Wanda has a long-standing vision for the financial sector. As early as the beginning of this year, Wanda began to build a team for the future financial business, March, the original construction Bank investment and finance director and general manager of investment banking department Wangguiya as Wanda Senior vice president, officially for Wanda steering financial business.

In the ensuing July, Wanda's 2014.5-year work report said that Wanda planned to set up a Wanda Financial group in the three quarter of this year, and that the company was responsible for all of its holdings, equity and financial investments in the future. In Wang's view, the establishment of financial groups is Wanda's request for a new transformation, but also a new pillar industry and new profit growth point.

"As several acquisitions have not yet been completed, the (Wanda Financial Group) plan may be postponed, quickly if the four quarter of this year, slow perhaps next year." Wang said in an interview with the media, including this newspaper in November.

Outside analysis, Wanda Financial Group's future business may cover investment management, finance, capital Management. The investment management includes the different business investment with Wanda Group, mainly focuses on the pre and post management, and the capital Management includes the capital Operation department, the Post Management department and the International Real estate.

On Wanda's investment in the financial sector, analysts told reporters that the significance of financial business for housing enterprises lies in the general high profit margin of the financial industry and the control over capital flow, which can balance the problem of capital deposit and profit margin for asset developers. In addition, if Wanda chooses to obtain payment from the acquisition of the company, this part of the business or will be included in the management of financial groups, as tools and platforms exist.

As the largest IPO in Hong Kong in the last three years, Wanda's commercial real estate has been listed on the main board of HKEx on December 23, raising a capital of HK $28.8 billion. Before December 20, Wang in Wuhan to this newspaper and other media said, Wanda commercial real estate and hospital line after the listing, Wanda hopes to position itself as "living consumer and cultural and entertainment platform provider", will be announced on January 17, 2015 to the culture, tourism, electric business, finance four direction of transformation.