All 'A' eyes are on Wanda realty arm before re-listing

Expected listing of Dalian Wanda Commercial Properties Co on the Shanghai Stock Exchange's A-share market, after it delists from the Hong Kong bourse, will likely see mainland investors chasing its shares, experts said.

Earlier this month, Chinese billionaire Wang Jianlin, the largest shareholder in Dalian Wanda Commercial Properties, won shareholders' approval to buy out the Wanda group's real estate arm for HK$34.5 billion ($4.4 billion), which would make it the biggest-ever delisting in Hong Kong.

"Mainland investors, including existing A-share companies that are part-funding the Hong Kong delisting and potential shell firms that the Wanda group company may need if it decides to have a backdoor listing, will eye shares in Dalian Wanda Commercial Properties," said Ma Wenya, general manager of Sunday Fund Co Ltd, which manages assets worth 300 million yuan.