China’s Sci-Fi Blockbuster ‘The Wandering Earth 2’ to Get North American Release
The Wandering Earth 2, the sequel to the Chinese sci-fi blockbuster that earned $700 million in 2019, is charting a course for North America, thanks to a deal inked by distributor Well Go USA. The Wandering Earth 2 is a prequel to the 2019 hit film and like it’s predecessor, it is based on the short story of the same name by Chinese sci-fi author Liu Cixin, world renowned for his best-selling novel The Three Body Problem. Read more The Hollywood Reporter
Why Chinese Stocks iQiyi, Bilibili, and Tencent Music Entertainment Rallied in December
Chinese internet stocks iQiyi (NASDAQ: IQ), Bilibili (NASDAQ: BILI), and Tencent Music Entertainment (NYSE: TME) rallied in a big way in December, rising 78.5%, 36.5%, and 18.1%, respectively, according to data from S&P Global Market Intelligence. Tencent Music had already seen a massive rally in November, following its better-than-expected earnings report in mid-November, which explains its more muted rise relative to other Chinese stocks in December, despite a nice analyst upgrade. Read more Nasdaq
