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Dalian WandaChina's real estate developer Wanda acquired US cinema chain AMC Entertainment at $2.6 billion in 2012, drawing worldwide attention.
The company announced an investment of 45 million euros ($52 million) for a 20 percent of stake in the Spanish football Club Atletico Madrid, marking the first time that a Chinese company has invested in a top flight European football club, chinadaily.com.cn reported on Jan 21.
Wanda aims to raise its business revenue to 600 billion yuan ($97 billion) by 2020, with 30 percent hopefully coming from overseas businesses, according to Xinhua News Agency.