At this point, Wanda Commercial's five-year A-share IPO queuing trip came to an end with its voluntary withdrawal. The statement of "listing at home and abroad as soon as possible" indicates that Wanda Commercial is about to start a new journey in the capital market.
Extended data
Wanda Commercial after light assets reorganization is more likely to be favored by the capital market;
This time, Wanda Commercial voluntarily withdrew its A-share IPO application, indicating that the company is unwilling to continue to wait passively, but seeks a more effective way to land in the capital market. It is not difficult to see from the announcement that Wanda Commercial after light assets reorganization is more likely to be favored by the capital market.
According to Cree data, in 20 19, the average P/E ratio of domestic property management companies listed in Hong Kong was 49 times, and in 2020, the average P/E ratio was 35 times, both far exceeding that of real estate companies.
Some analysts believe that Wanda Commercial is likely to return to the Hong Kong capital market again. Wanda Commercial said in the delisting announcement at that time that it was optimistic for a long time that Hong Kong's securities market had good governance, transparent rules and high level of internationalization, and it did not rule out that its emerging industrial companies would continue to list in Hong Kong in the future.