China Tourism Group Said to Weigh Deal for Haichang Theme Parks

China Tourism Group Corp.is considering a potential deal to gain control of some of the country’s most iconic theme parks run by Haichang Ocean Park Holdings Ltd., according to people familiar with the matter.

The state-backed tourism company has held discussions with the Hong Kong-listed park operator about a potential transaction, the people said, asking not to be identified as the talks are private. It has been studying various possibilities including buying a stake in Haichang from its controlling shareholder, making a take-private offer or acquiring individual theme parks, the people said.

China Tourism Group has been conducting ...