Headlines from China: Mahua FunAge Is Not Fun Anymore?

 /  Headlines From China  / 
While Muahua FunAge's "Hello Mrs. Money" managed to top the box office charts on its opening day, the reviews the film has received so far should concern its producers. Read More

Why Chinese Audiences May Not Go Crazy for ‘Crazy Rich Asians’

 /  Opinion  / 
‘Crazy Rich Asians’ is a hit, but its portrayal of Chinese culture may not resonate with audiences from the Chinese mainland. Read More

Headlines From China: Feng Xiaogang’s Scenes Deleted from Jia Zhangke’s ‘Ash Is Purest White’

 /  Headlines From China  / 
The theatrical screening permit of "Ash Is Purest White" shows that its total running time is 136 minutes, which is 6 minutes shorter than the version screened at Cannes Film Festival. Scenes that star Chinese director and actor Feng Xiaogang have been eliminated from the film. Read More

Headlines from China: Funding From Tencent, JD.com Boosts Leshi Stock 

 /  Headlines From China  / 
Since August 21, stock price of Leshi, which belongs to the troubled LeEco, has been doubled from 2.08 yuan per share to 4.15 yuan. Many industry insiders believe that the soaring Leshi stock was likely boosted by the funding raised by Leshi's new media unit from Tencent and JD.com. Read More

Headlines from China: ‘Story of Yanxi Palace’ is A Turning Point Says iQiyi CEO 

 /  Headlines From China  / 
This summer, the hottest show in China is the 70-episode drama series called Story of Yanxi Palace. The show was produced by and released on video platform iQiyi and garnered more than 14.5 billion views so far. Read More

Headlines from China: Late Summer China Box Office Forecast

 /  Headlines From China  / 
Twenty films have been confirmed to release in Chinese theaters between now and October 1. Local box office analysts took a look at the twenty films and forecast their opening weekend earnings and overall box office performances. Read More

Headlines from China: Tencent Delivers Drop in Profit and Growth in Online Video in Q2

 /  Headlines From China  / 
On August 15, Chinese tech giant Tencent released the company's unaudited Q2 financial report. According to the report, the company saw significant growth in Q2 with total revenue up 30% year-on-year to $10.7 billion. However, net profit dropped 2% to $2.7 billion. Read More

Headlines from China: Tencent’s E-book Unit to Acquire New Classics Media for Up to $2.25 B

 /  Headlines From China  / 
On August 13, Tencent's e-book unit China Literature announces that the company is in a deal to acquire film & TV production company New Classics Media (NCM) for up to $2.25 billion. Upon completion of the acquisition, New Classics Media will become China Literature's wholly-owned subsidiary. Read More

Hollywood’s First All-Asian Movie in 25 Years Yet to Make it to China

 /  News  / 
In big markets such as China, Warner Brothers certainly has high hopes for Crazy Rich Asians to succeed. Currently, the studio is anxiously waiting for a China release to be confirmed. Read More

Headlines from China: Nasdaq-listed iQiyi’s Q2 Total Earnings Reach $932.5 M

 /  Headlines From China  / 
On August 1, iQiyi (NASDAQ: IQ) released the company’s unaudited financial report for Q2. The report shows that iQiyi’s Q2 total revenue rose 51% year over year to 6.2 billion yuan ($932.5 million). The company remains unprofitable with a loss of 1.3 billion yuan ($200.7 million) during the reporting period. Read More