Wanda Executive Taken Away by China’s Police, Local Media Says

  • The Paper reported that Wanda executive Liu Haibo was taken
  • Liu has been at Dalian Wanda Group for more than a decade
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A senior executive of Dalian Wanda Group Co. was taken away by police in China, according to a local media report, spurring fresh concerns over the conglomerate.

Liu Haibo, senior vice president of Wanda Group, was taken away by the police, state-owned The Paper reported, citing unidentified people. The report didn’t offer further details. A representative for Wanda didn’t comment when reached by Bloomberg News.