DAILY BRIEF: Nov 21, 2018

NEWS YOU SHOULDN’T MISS

  • 1

    Venom breaks China box office slowdown, becomes second biggest superhero film in country after Avengers: Infinity War

    The incredible numbers pulled off by the Tom Hardy-starrer at the Chinese box office have revived the world's second largest motion picture market from its two-month-long box office slump. Firstpost

  • 2

    Shanghai Stock Exchange bans Chinese actress Zhao Wei from company boards for five years

    Billionaire actress and investor Zhao Wei has been banned from key positions at listed companies for five years after a failed takeover attempt two years ago that “disrupted market order”, Chinese authorities said as scrutiny of celebrities’ business affairs intensified. South China Morning Post

  • 3

    Chinese Media Sector Stocks Remain In A Rout As The Film Industry Grapples To Find Ground

    Investors have been generally punishing Chinese film production companies for promoting quantity over quality, amid an overall slowing of China’s economic growth. Seeking Alpha

  • 4

    Feng Xiaogang Announces New Film, Denies Tax Fraud Rumors

    Chinese director Feng Xiaogang is busy bolstering his patriotic credentials, revealing that his next film will be about Communist Party history even as he aggressively seeks to douse rumors that authorities plan to fine him 2 billion yuan ($288 million) for tax evasion. Variety

  • 5

    Detective Conan: Zero the Enforcer Film Earns 120 Million Yuan as #5 Japanese Film in China

    'The Detective Conan: Zero the Enforcer' anime film opened in China on November 9 and earned 80 million yuan (about US$11.5 million) in its opening weekend to rank at #2 on the weekend box office. By November 18, the film had earned 120 million yuan (about US$17.2 million or 1.9 million yen) on about 7,000 screens. Anime News Network