Sunseeker's luxury yachts have been used in various James Bond films, making the iconic brand even more desirable to Chinese firm Dalian Wanda Group.
Chinese billionaire Wang Jianlin is making waves in the United Kingdom.
His real-estate and hotel conglomerate Dalian Wanda Group is spending over £1 billion ($1.6 billion) on British yacht maker, Sunseeker, and a luxury London hotel.
The Sunseeker takeover -- worth £320 million -- will see the Chinese firm acquire a 92% stake in the iconic company that crafts yachts for James Bond films.
Wang, one of China's richest men, is looking to take advantage of exploding luxury yacht demand in China and other emerging markets.
Wanda also announced plans to develop a five-star hotel and apartment complex in a prime London location overlooking the River Thames.
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