Shares jump 36% for major Chinese conglomerate unit on news of $1 billion deal

Posted from: https://www.cnbc.com/2017/08/09/shares-jump-36-percent-for-major-chinese-conglomerate-unit-on-news-of-1-billion-deal.html

China's Wanda Hotel Development said it will undergo a restructuring involving over $1.05 billion worth of assets….