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Market Rumors: Dalian Wanda, Bill Gates, Sony

By Chelsea Naso (December 16, 2014, 4:12 PM EST) -- Chinese real estate developer Dalian Wanda Commercial Properties Co. Ltd. raked in US$3.7 billion in a Hong Kong initial public offering after pricing the deal near the high end of its indicative price range, making it the largest-ever real estate company IPO in the world, The Wall Street Journal reported, citing people familiar with the situation. Dalian Wanda Commercial Properties' IPO stole the crown from Singapore's Global Logistic Properties Ltd.'s 2010 debut and comes on the heels of Paramount Group Inc.'s $2.6 billion U.S. IPO....

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