Evening of January 23rd，Wanda Hotel Development (00169.HK) issued an announcement saying，An agreement has been entered into with a third party for the sale of the entire issued share capital of certain property project companies in Australia。

Wanda Hotel Development stated in the announcement，One of its non-wholly owned subsidiaries entered into an agreement 188bet Online Sports Betting and Casino with an independent third party，Content regarding the sale of the entire issued share capital of its wholly-owned subsidiary，The company owns several property projects in Australia。Wanda is preparing an announcement on the sale in accordance with the listing rules，Relevant announcements will be issued as soon as possible，During this period，Trading of company shares suspended。

January 16，Wanda Hotel Development once announced the sale of a 60% stake in a property project in London，The price is about 3.HK$7.4 billion，This project is its first overseas real estate project "London ONE"。

January 19，Wanda Hotel Development announced again，The company's shares will be temporarily suspended from trading on the Stock Exchange of Hong Kong Limited from 9:00 am that day，Pending announcement regarding possible very substantial acquisitions。After，Wanda Hotel Development issued a temporary suspension 188bet app and clarification announcement，There is an error in the Chinese translation of the temporary trading suspension announcement issued on January 19，References to “very significant acquisitions”，Should be "Very Substantial Sale"。