BEIJING—The Chinese government is putting the brakes on Dalian Wanda Group’s overseas deals, clouding the company’s ambitions to become a global entertainment powerhouse.

Regulators met with executives at the country’s big state-owned lenders June 20 and advised them that six of Wanda’s recent foreign transactions were at odds with government capital restrictions enacted last year, according to a document from one of the participating banks that was reviewed by The Wall Street Journal.

Banking regulators had previously asked lenders to review loans made to five big overseas deal makers, including Wanda, to assess whether their escalating debt posed a credit risk.

HNA Group, which was among those mentioned, has drastically slowed its deal making since then.

”Cross-border movement of funds is the background of this,” said Keith Pogson, a senior partner for financial services at Ernst & Young. Regulators “are sending a clear message to the market that they’re going to make it difficult for companies to finance overseas deals.”