Dalian Wanda Group reported a partial sale of shares

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      China's Dalian Wanda Group said on Friday that it was "grossly untrue" to consider selling part of its stake in Hollywood film company Legendary Entertainment and divesting its sports assets.
Earlier on Friday, Reuters reported that China's Dalian Wanda Group was considering selling part of its stake in Hollywood's legendary film industry and all its sports assets. This is the latest move by the company to cut overseas assets under pressure from the Chinese government.


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