TCB in RMB: Huayi Brothers Reports Striking Profit Jump for First Half of 2017

 /  Money  / 
Huayi Brothers, one of China's largest film studios, reported a striking profit jump of 30-60 percent year-on-year in its earnings prediction for the first half of 2017. Read More

China Blocks Dalian Wanda from Completing Overseas Deals: Report

 /  Money  / 
China is reportedly restricting the completion of six overseas deals by Wanda Group as part of a broader crackdown on offshore investments. Read More

China Textile Company Ditches Schmatta for Movie Business

 /  Money  / 
The company indicates on its website that it is a leader in "high-end home textile jacquard fabrics." Read More

Wanda Group to Sell Amusement Park Business for over $9 Billion: Report

 /  Money  / 
Property developer Sunac China Holdings Ltd. will pay RMB 63.2 billion (US$9.3 billion) for Dalian Wanda Group hotels and amusement parks, in a move that can only be seen as Wanda retreating from a fight it picked with Disney over the theme park business in China.  Read More

TCB in RMB: Wanda Reports Half-Year Income Jump

 /  Money  / 
Dalian Wanda Group, China’s property, and entertainment giant, reported overall revenue of RMB 134.9 billion (US$19.8 billion) for the first six months of 2017, an increase of 12.4 percent year-on-year. Read More

TCB in RMB: HS Entertainment Group plans for IPO

 /  Money  / 
HS Entertainment Group, a film and TV show production and distribution firm that produced Chinese actress-turned-director Zhao Wei’s "So Young," is aiming to raise RMB 900 million through the second-board market. Read More

TCB in RMB: Iger Celebrates Shanghai Disney’s First Anniversary

 /  Money  / 
Disney CEO Bob Iger visited China again, this time for the first anniversary of the opening of Shanghai Disney Resort. Read More

China Movie Ticketing Service Maoyan Plans IPO: CEO

 /  Money  / 
Maoyan, China’s market-leading mobile ticketing service, is planning to go public, according to Wang Changtian, the founder, and chairman of Enlight Media, which controls the popular app. Read More

TCB in RMB: Great Wall Buys Gu Changwei’s Premiere Age

 /  Money  / 
Some big deals in film and television in our weekly wrap of China entertainment investment and M&A activity. Read More

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