Wanda Cinema Surges by 10% Limit as Stock Resumes Trading

Updated on
  • Wanda Cinema is largest entertainment company in Asia
  • Stock resumes trading after being halted in February

Wanda Cinema Surges By Daily Limit on Return to Trade

Billionaire Wang Jianlin’s Wanda Cinema Line Co., whose shares have been halted since late February, surged by the 10 percent daily limit after it resumed trading on Monday as the Chinese tycoon seeks to inject Legendary Entertainment and other film-related businesses into the company.

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