After raising $190 million through that share sale, which was already far less than its original target, Wanda Sports Group’s new stock proceeded to tank 35.5% in its first day of trading on the Nasdaq. Read More
Saturday Fiction, a Chinese drama movie directed by Lou Ye and starring Gong Li, has been selected into the main competition section of the 76th Venice Film Festival. Read More
The Mule, a 2018 American film directed by Oscar-winning director Clint Eastwood, has been set to release in China on August 26. The film will be screened in theatres under the banner of China’s National Alliance of Arthouse Cinemas. Read More
Tencent’s TiMi Studio Group will team up with Nintendo-backed Pokémon Co. to develop a new Pokémon game, according to a statement Tencent posted on its official Weibo account for games on Monday. Read More
The Beijing-based Wanda Sports has had partnerships with FIFA and the Chinese Basketball Association, owns sports properties and generates revenue from events, sponsorship and media pacts Read More
India’s Ministry of Electronics and IT has requested short video app TikTok respond to a query containing 24 questions about content quality, data privacy, and age restrictions. Read More
Chinese short video app Kuaishou is currently testing a long-video feature, which streams videos that are longer than 57 seconds but shorter than 10 minutes. Read More
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