Huge hotel losses

Speaking of Wanda Group, I believe everyone will be familiar with it. As a company once spread all over China, Wang Jianlin, the chairman of Wanda Group, played an extremely important role. What did Teacher Wang say in an interview before? Set a small goal first, and I'll make him a billion dollars first? This sentence then exploded on the internet, and it was precisely because of this sentence that the net name of the whole network was known, and Wanda also knew this stalk. But what I am most concerned about is not Mr. Wang Jianlin's response to the media, but Wanda Group's previous wanton sale of its fixed assets, such as hotels, shopping malls and other bulk assets. In fact, for Wanda Group, the previous debt of more than 400 billion yuan is actually normal for a real estate development enterprise, but Wanda has taken measures to sell large assets, which is really thought-provoking. Wanda recently gave a similar operation. Wanda Group claims that it has withdrawn from AMC's board of directors, retaining only a minority stake. The accumulated funds returned are about 9.4 billion yuan. We don't know why Wanda made such a decision, but we can make the following guesses.

1. Wanda has been shrinking before and sold a variety of assets. Wanda gets a lot of cash flow by selling hotels and shopping malls, which shows that Wanda may be in a state of strategic contraction due to strategic considerations. Therefore, Wanda's emptying of AMC shares this time may also be due to this consideration.

Second, the liquidation of overseas assets has obtained a large amount of cash flow, and it is likely to be this part of cash flow. In addition, he used this liquidation of AMC equity to make Wanda obtain a large amount of cash flow, equivalent to RMB 9.4 billion. Viewed from the side, Wanda's move to get more cash flow may be to develop other new businesses in China, such as the car-making business that is very popular now.

Third, the loss of AMC cinemas in the United States is close to closure, and it is still in the epidemic period. AMC cinema was once in a state of loss in the United States, and it was close to closure, so in fact, for Wanda, AMC cinema is not a high-quality asset. More visits are now in the popular period, and offline movies have been greatly impacted. At this time, liquidation is a very good choice.