Advantest Shares Hit Record High on Strong AI-Driven Earnings and Nvidia Demand 
Dollar Struggles as Policy Uncertainty Weighs on Markets Despite Official Support 
Oil Prices Climb as U.S. Cold Snap, Dollar Weakness Tighten Supply Outlook 
Tesla Loses Ground in Europe as BYD Accelerates EV Market Share in 2025 
Anthropic Raises 2026 Revenue Outlook by 20% but Delays Path to Profitability 
Indonesian Stocks Slide After MSCI Flags Investability Risks and Downgrade Threat 
UK Politicians Call for Full Competition Review of Netflix’s Warner Bros Discovery Deal 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts 
Toyota Retains Global Auto Sales Crown in 2025 With Record 11.3 Million Vehicles Sold 
NVIDIA, Microsoft, and Amazon Eye Massive OpenAI Investment Amid $100B Funding Push 
LVMH Investors Watch Earnings Closely as Luxury Recovery Faces New Challenges 
Sam Altman Criticizes ICE Enforcement as Corporate Leaders Call for De-Escalation 
Volkswagen CEO Oliver Blume Faces Crucial Year as Investors Demand Turnaround Results 
U.S. Stock Futures Edge Lower as Tech Earnings and Fed Decision Shape Market Sentiment 
Gold Prices Hit Record High Above $5,500 as Iran Strike Fears Fuel Safe-Haven Demand 
Gold Prices Smash Record Above $5,200 as Haven Demand Surges 
Wanda Group, a Chinese company also known as the Dalian Wanda Group, reportedly sold almost all of its stakes in AMC Entertainment, an American movie theater chain. With the sale, it marked billionaire and founder of the company, Wang Jianlin’s retreat from his Hollywood ambitions.
Wanda’s decision to off-load its AMC shares
As per Forbes, Wanda Group gave up its AMC Entertainment shares with a value reaching around $426.9 million and the sale was done last week. At this point, the Chinese firm only owns 0.002% now, as shown in the regulatory filing.
Wanda Group was said to have held a controlling stake in AMC since it signed a deal worth $2.6 billion in 2012. In that year, it was the biggest foreign acquisition by a privately-held Chinese firm. The Beijing-headquartered company started paring its stake in the Kansas-based movie theater chain that is also the largest movie theater chain on the planet.
In any case, it was said that AMC held exploratory talks with the special purpose acquisition companies or SPACs and the discussion was for the possibility for IPO. It was mentioned that the talk is still in the very early stage and according to insiders, this may not lead to a deal.
Moreover, AMC sold a total of 15.6 shares for $220 million in 2018 and in March this year, but sources insist the company is not in financial trouble. In fact, they said it is still very profitable and has plenty of funds on hand.
AMC shows gratitude as Wanda gives up its stakes
Despite the sale of its stakes, AMC remained grateful to Wanda. The company issued a statement regarding Wanda’s decision to pull out from its board and described the Chinese firm as “AMC’s best shareholder.”
“Wanda has been a terrific shareholder of AMC for almost a decade. Under their ownership, AMC became the biggest movie theater operator in the world,” Adam Aron, AMC’s chief executive officer and president, said in a press release. “Importantly, Wanda also has supported our reinvestment of billions of dollars to upgrade and enhance our network of theatres for the benefit of moviegoers throughout the United States, Europe and the Middle East, and I salute Wanda for the immensely constructive role they played in building our company, and want to express my sincerest appreciation and affection for their wise counsel and friendship.”
