Advance ticket sales up ahead of Spring Festival, market share of online ticketing revealed, little cinema consolidation in 2016, should BO count include service charge, Xiao Feng reveals cinema expansion plans, Wang’s Davos transcript, 6.7 was average score for Chinese films released in 2016….
Wanda-controlled AMC has further expanded its global reach by acquiring Nordic Cinema Group (NCG) for SEK 8.25 billion (USD $929 million) in an all-cash deal, only a month after completing its acquisition of Carmike in the US and Odeon & UCI…
The rivalry between the Dalien Wanda and Huayi Brothers is intensifying, with Huayi investing CNY ¥78.85 million (USD $11.5 million) for 95 million shares in Dadi Cinemas, China’s second largest cinema chain. The deal gives Huayi Bros a 4.56% stake…
CJ looks at what caused the box office in China to crash in 2016, what the actual business climate is and the future prospect of the Chinese cinema market….
Chinese shares have taken a major plunge in the past few weeks, including those of Wanda Cinema Line Co., which in response promised to expand and acquire aggressively in a move to defend its share price. Yet questions are now being…
Wanda Cinema Line had already planted its flag in the United States by acquiring the country’s second largest exhibition chain, AMC Entertainment, and now the Chinese company is entering the Australian market with an identical business move, snapping up Hoyts….
Wanda Cinemas has been given the OK for an IPO in China in its second attempt. So much for all of our conspiracy theories that it would list elsewhere. Wanda Cinema Line Co. Ltd., a movie theater company controlled by…
Sina Finance carries a long and excellent analysis of Wanda Cinema’s re-submitted IPO document, written by Enterprise Observer newspaper reporter Zhu Lin. The article raises several pertinent question about the IPO of the world’ largest cinema chain, which also controls AMC…
No less than 30 Chinese companies are looking to list on US stock exchanges this year, led by Internet giants such as JD.com and Alibaba. The reason for choosing the likes of Nasdaq is because unlike their Chinese counterparts they…
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