Wanda Group

AMC Entertainment Holdings Inc (NYSE: AMC) shares are moving lower Friday, extending its losses for a fourth straight session. What Happened: AMC disclosed in an amendment to the 13D filing with the SEC that Wanda America Entertainment now beneficially owns 30,455,290 Class A shares...

A major Chinese investor in AMC Entertainment Holdings Inc (NYSE: AMC) converted its shares in the cinema operator in order to be able to sell them, according to a filing with the U.S. Securities and Exchange Commission.  What Happened: Wanda America Entertainment Inc, a unit of Beijing-...

Walt Disney Co (NYSE: DIS) spent more than $5 billion to build a resort park in Shanghai, China, which is scheduled to open to the public on Thursday. According to Bloomberg, Disney's ambitions in China is a "prize worth fighting for" (cue "Mulan" tune), as the country's annual tourism revenue is...

According to Chinese news sources, Netflix, Inc. (NASDAQ: NFLX) is preparing an entry to the Chinese market. The report added that Netflix will team up with Wanda Group after Alibaba Group Holding Ltd (NYSE: BABA) attempted to form a partnership. Netflix has been eyeing the Chinese market...