What are the considerations behind the listing of Wanda Commercial Light Assets?

Liu Shui, deputy director of enterprise research of Central Reference Institute, said that one is based on the development trend of the real estate market, and the other is based on the consideration of the capital market.

"At different stages of the development of the real estate market, the development speed of the real estate business model is obviously different. In the incremental stage, the asset-oriented model has developed rapidly; In the stock stage, the light asset model developed rapidly. In the future, the incremental development space of China real estate market is limited, and it will enter the stock stage. The development of the heavy asset model will slow down, and the light asset model will usher in rapid development opportunities. " Liu Shui pointed out that Wanda Commercial's firm light asset listing is largely based on the above factors.

Xiao Yunxiang, senior analyst of Tongce Research Institute, said in an interview with beijing business today today that Wanda withdrew its IPO application, reorganized and re-listed. From the perspective of assets, mainly in the light asset business, the capital market is easier to "tell stories" and the audit is relatively loose.

Wanda Commercial after the reorganization of light assets may be more favored by the capital market, which is also a major driving force for the outside world to think that Wanda Commercial is completely light assets.

Extended data

Wanda voluntarily withdrew its A-share IPO application:

A-share IPOs have not been listed for more than 5 years. Wanda Commercial intends to change the IPO battlefield. On March 24th, Dalian Wanda Commercial Management Group Co., Ltd. (hereinafter referred to as "Wanda Commercial") issued an announcement, deciding to withdraw Wanda Commercial A-share IPO application, reorganize light assets and seek domestic and overseas listing.

According to the latest announcement issued by the enterprise, based on the judgment of its own strategy, Wanda Commercial decided to reorganize the operation, technology, data, personnel and other related resources of the company's light asset business in order to realize domestic and overseas listing as soon as possible, so it decided to withdraw the IPO application of Wanda Commercial A shares.