China’s Wanda Seeks Buyers for Australia’s Hoyts Cinema Chain
Wanda, the Chinese conglomerate that once threatened to take over Hollywood, has put up for sale the Hoyts cinema chain in Australia that it bought in 2015. Wanda Cinema Line, itself China’s biggest theater operator, has appointed Credit Suisse and Nomura to handle the sale. Read more Variety
Action Comedy “Ride On” Stays at Top of China’s Box Office Chart
The domestic action comedy “Ride On” continued topping the Chinese box office chart on Tuesday, according to statistics from the China Movie Data Information Network. The film, starring kung fu actors Jackie Chan and Wu Jing, pays tribute to stunt actors for action movies, who often work in risky conditions. Read more Xinhua News
