Dalian Wanda Group Co.—run by China’s richest man, Wang Jianlin—reported its first revenue decline in at least six years, citing a softening commercial-property market while it makes a shift into entertainment. Dalian Wanda said Saturday that total revenue dropped 13.9% in 2016 from the year before, but didn’t disclose its total revenue. The company’s revenue in 2015 came in at 290.16 billion yuan ($42 billion), and had been...

Source: Wall Street Journal January 15, 2017 11:51 UTC