Shanda plans to make VR theme park a reality

Stocks of Chinese virtual reality firms surge as tech majors increase investment

Shanda Group is planning to build China's first virtual reality theme park where visitors will find themselves immersed in a digital world riding spaceships, dodging bullets and fighting dragons.

The Shanghai-based Shanda, which once operated a top online gaming platform in the country, also pledged $350 million investment in the VR sector, according to a company executive.