Baidu’s iQiyi said to have filed for $1 billion US IPO

 /  Money  / 
China’s popular video streaming service, iQiyi, has filed confidentially for US IPO according to IFR. Sources familiar with the plans said the company is looking to raise $1 billion by the end of Q1 or early Q2 of 2018. Read More

Headlines from China: How Chinese Conglomerates Fail to Conquer the Local Film Market

 /  Headlines From China  / 
With a string of collapsed investment deals attracting attention in 2017, many people believe that the Chinese government's tightened control over overseas investments hinder Chinese conglomerates' expansions in the entertainment industry. But is it true? Read More

Headlines from China: Bilibili Getting Ready for US IPO with Cornerstone Investments

 /  Headlines From China  / 
Although Bilibili is a leading video site in China, most people in the west are unfamiliar with this brand. By securing cornerstone investments, Bilibili hopes to increase American investors' confidence in the company. Read More

Headlines from China: Beijing Enlight Media to Build Billion-Dollar Film Studio in Yangzhou

 /  Headlines From China  / 
Beijing Enlight Media has signed a deal with Yangzhou municipal government to build a film studio in Yangzhou, Jiangsu province. Read More

Former ‘Voice of China’ Producer Moves Toward IPO

 /  Money  / 
The former producer of “The Voice of China” has completed pre-IPO fundraising, earning a valuation of 21 billion yuan ($3.2 billion) — though trademark disputes involving the Dutch creator of the show and several Chinese licensees remain unsettled. Read More

Video Sharing App Kuaishou Rumored to Raise New Funding with Valuation at $15 billion

 /  News  / 
China’s leading short social video and photo sharing app Kuaishou is rumored to launch a new round of funding with the estimated valuation at $15 billion, according to the self-media “Kaiqi.” Read More

Headlines from China: AMC Entertainment Holdings Considers IPO for Its European Cinemas

 /  Headlines From China  / 
For Wanda Group, AMC’s parent company, being able to raise funds outside China might be a relief, as moving money out of China is certainly difficult and stressful at the moment. Read More

Tencent Book Unit Begins New Chapter With Massive IPO

 /  Money  / 
Tencent Holdings Ltd.’s online literature unit, which seeks up to HK$8.3 billion ($1.06 billion) in an initial public offering (IPO) in Hong Kong, has had an enthusiastic reception from retail investors. Read More

Headlines from China: How Did Ghosts Disappear from Chinese Films?

 /  Headlines From China  / 
If you go to a movie theater in China to see a so-called "Ghost Movie," most likely, you will see humans pretending to be ghosts or paranoid people worrying about ghosts. So how did ghosts disappear from Chinese films? Read More

Headlines from China: What Data Says about the Market of Sci-fi Movies in China 

 /  Headlines From China  / 
Science fiction is a widely liked genre that generates numerous international blockbusters. While Hollywood produced most of those blockbusters, an increasing number of Chinese sci-fi projects have been emerging in recent years. Read More