DAILY BRIEF: Jan 15, 2018

NEWS YOU SHOULDN’T MISS

• 1

  China's Top Movie Ticketing App Said to Plan $1 Billion IPO

  Maoyan Weying, China’s biggest online movie ticketing platform, is planning a Hong Kong initial public offering that could raise about $1 billion. The company, which also helped fund the latest “Transformers” movie, has held initial discussions with potential advisers about the share sale. Bloomberg

• 2

  Box Office: 'Jumanji' Scores Big In China To Cross $550M Worldwide

  The Dwayne Johnson/Kevin Hart/Jack Black/Karen Gillan action comedy earned $12 million on its first day in China, topping the Friday box office, displacing Ex-Files after that local film spent 13 days at the top. Forbes

• 3

  Marvel Creates Chinese Superheroes to Draw Asia Fans

  Chinese superheroes will soon be joining the pantheon of larger-than-life Marvel universe mainstays Spider-Man, Iron Man and the X-Men, a company official said as the comic book giant makes a major thrust into Asia. CTVNews

• 4

  Hong Kong Star Eric Tsang Denies Rape Allegations

  A previously reported series of accusations concerning actor-director-producer Eric Tsang Chi-wai and the alleged rape of Hong Kong actress Yammie Lam have resurfaced this week in China. They sparked hints at other instances of inappropriate sexual behavior in the Asian entertainment industry. Variety

• 5

  'Last Jedi' Sets New Global Record With 94% Friday-To-Friday Box Office Plunge In China

  The much-derided sequel was abandoned by Chinese moviegoers, who dropped just $553,000 into the movie’s coffers on Friday, 94 percent less than the tepid $9.4 million opening day it slogged through last Friday. Forbes