Wanda plans film arm's IPO, eyes Hollywood size

Privately owned property conglomerate to consolidate diversification into entertainment

Dalian Wanda Group Co Ltd, the privately owned Chinese property conglomerate, plans to list its film production and distribution business within a year, Wang Jianlin, its chairman has told Caixin magazine.

"The two parts will be listed individually or as a package, we haven't decided yet," China's richest man said.