china's dalian wanda teaming up with sony on movie projects.largest movie theater owner. >> the talks are ongoing. according to sources, sony is looking for a strategic alliance with dalian wanda. this could mean financial cooperation. could finance sony films. ,t could also mean marketing sony would have a partner to help promote its movies further in china. on the other side, dalian wanda would have greater access in hollywood and get a steak in some of sony's hollywood movies. it has a spiderman movie coming out next year. these are the areas where both might benefit. hasi: we know dalian wanda ambitions of being a global player in cinema, but with the sony get out of the deal? >> sony is always looking for financing. it has yet to have a really big hit so far this year, so if it does team up with dalian wanda, it could get access to finances. a bigt team up with chinese company with deep pockets? china is on track to become the world's biggest movie market next year. october movie ticket sales are $10 billion. sony get access to this bigger

. ♪ rishaad: dalian wanda wallace dalian wanda --dalian wanda wallace wang jianlin faces hurdles ahead?es mr. wang back to china go for the listing of the property unit. it is in the process to go back to china. rishaad: there are a lot of companies keen to list their, why so many? stocks, i meann in china, i mean have been trading it really high-value asians. then, i mean, the process has been i mean really, really long. like for-fivees years to list in china. rishaad: that is a risk isn't it? the timetable for them as two years, so it's pretty aggressive. rishaad: he has also promised her that things should he list again, and those promises could be in danger. >> the agreement between wanda and investors that support the privatization, so they have to list in china in two years. if it does not happen, i mean wang has to pay back to those investors as much as $5 billion. on the otherng up side of the break, a look at negative rates in japan. what they are doing is squeezing margins. we will be live taking a look at how bad things could get for local banks. kong,rket open in hong shang

wang jianlin expanding, his dalian wanda group will collaborate with sony, giving -- sony greater accessese market. thean wanda operates world's largest number of cinema screens. we are monitoring the market open and shanghai and hong kong. hopefully we are seeing a bit of diversions. are seeing asian stocks falling for the first time in six days, from the highest close in more than a year, the nikkei dragging down the index after coming back from its holiday. shanghaiee if the index brings more positive sentiment into the region. gainhanghai composite, .1% , rising for a third consecutive session. same thing for the hang seng. stocks you need to keep an eye on in the hang seng index. we have some new analyst ratings. in the telecom industry, china , a changeina unicom in their rating. mobile cut to neutral. china unicom was upgraded to a by. it is now surging 6%. cut to neutral, down .6%. isi said, the nikkei dragging the index and sentiment here and asia after coming back from its holiday. they missed out on that global stock rally. the red. in they are recouping some losses, but still

. >>> chinese media giant dalian wanda is in talks to buy dick clark productions. the deal could be worth $1 billion. dalian wanda already owns amc theaters and legendary theaters. >>> people are choosing blastic overpayment. credit card payments have surpassed cash worldwide for the first time ever. analysts say it has happened gradually over the last two decades as mobile payments have made it easier to get access to financial services. back to you. >> landon dowdy like from cnbc world headquarters. thank you. >>> twitter right now as we talk about new technology. it is dominating popular means of communication. it could be the object of a b bidding war. disney is interested in buying the san francisco-based media giants. other suitors emerged. sources say while facebook is not showing interest, microsoft is, and that a deal could be signed in the next month or two. >>> another hot day ahead is not expected to help firefighters battling the massive fire we're covering in the santa cruz mountains this morning. a live look at the glow that can be seen from much of

dalian wanda currently owns a-m-c theaters.. an d legendary entertainment.. but is looking to expand its hollywood resume. dick clark productions stages some of hollywood's most popular award shows.. including the golden globes.. and the american music awards. stay with us.. we'll be right we are one nation under god. that black and white, we are one nation indivisible. i'd like to punch him in the face. you know what they used to do to guys like that? i could stand in the middle of 5th avenue and shoot somebody and i wouldn't lose any voters. priorities usa action is responsible [ cellphone ringing ] it's just another scandal from danny tarkanian. tarkanian was the corporate lawyer for those with an elaborate scam that tricked hundreds of seniors into donating to fraudulent charities, totaling millions. and when a shady tarkanian deal went bust, he refused to pay back $17 million, sticking taxpayers with the bill. why would we ever send danny tarkanian to congress? the content of this advertising. we dance on the salsa team together, and it's like a lot of p

chinese media giant dalian wanda is in talks to buy dick clark productions. a deal could be worth $1 billion. they already own amc theaters and legendary entertainment which co-produced "jurassic world" and "the dark knight." >> people are choosing plastic over paper. credit card payments have surpassed cash worldwide for the first time ever. analysts say the shift has happened gradually over the past two decades aztes technology ha made it easier to get access to financial services. >> you also can't earn any points on your cash. landon dowdy live from cnbc world headquarters. >>> although you can control your spending. >>> yesterday raj was interviewing the spokesperson from cal fire who said they hoped to contain it at 1,000 acres. it's already at 1100. >> you saw the fire grow up like a thunderstorm during the afternoon where you had the strong updraft developing its own winds during the day. very dry and hot conditions this afternoon. right now the coolest point of the day. we're starting off the morning fairly warm in the south bay. mid 60s around san j