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
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
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
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
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
Jiangxing Media, partially owned by Chinese actress Yang Mi, announced it has secured RMB 250 million ($36.8 million) worth of new shares from Zhejiang-based Perfect World Investment & Holding Group on the New Third Board, China’s stock market for start-ups. Read More
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