About the author Yingzhi Yang is a business reporter based in Beijing, covering entertainment and technology. She has written for The Los Angeles Times and Pacific Standard, and recently joined the staff of the Financial Times.
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
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
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
Alibaba Pictures, the film arm of China’s e-commerce giant Alibaba, launched an immersive experience park in Hangzhou, where Alibaba is headquartered. Read More
Wanda Cinema Line, the world’s biggest cinema chain operator, is buying a 1.875 percent stake in private-owned Bona Film Group for RMB 300 million (US$43.51 million), the companies announced Monday. Read More
Disney's impressive quarterly gains per share were because of the Shanghai Disney Resort, which opened in the third quarter of 2016, and also increases at its U.S. theme parks, the media giant said. Read More
LeSports, sports arm of China's internet conglomerate LeEco, canceled the broadcast of a Wednesday European Championship match between Spanish soccer giants Real Madrid and Atletico Madrid, increasing concerns over the floundering titan’s recent financial situation. Read More
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