Company set to site its headquarters for continent in London

Dalian Wanda Group Co, the Chinese entertainment, property and finance conglomerate, is expected to announce a "major deal" in Europe and to make the United Kingdom the group's headquarters in Europe, Wanda Chairman Wang Jianlin said.

Wang, speaking at Oxford University on Tuesday, said he was negotiating a major project, which would generate about 10,000 jobs and the company is going to make a major announcement on a big project in Europe.