China's Film Industry Takes Stock Market Beating as Trading Resumes Amid Coronavirus Crisis

  • 📰 THR
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The industry-wide plunge was widely expected, given how exposed the film sector has been to China's coronavirus epidemic

Shares in China's leading film studios took an immediate dive Monday moments after the country's stock markets resumed trading after the long Chinese New Year holiday.

Publicly traded state-backed film entities took an equal beating. Beijing-based China Film Group, which imports most Hollywood titles into China, dropped 9.99 to RMB 12.43, and Shanghai Film Group, which has collaborated with Disney in the past and operates scores of cinemas in Eastern China, also fell by 9.99 percent to RMB 12.17.

China's markets last traded Jan. 23, the same day that Wuhan, the epicenter of the coronavirus epidemic, was put on a mandatory lockdown. At that time, officials had confirmed 800 infections of the virus and 25 deaths. By Monday, those totals had climbed to 17,388 infections and 362 deaths, making the coronavirus deadlier in China than the 2003 SARS epidemic.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 411. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

Yes, but did they stand for the anthem?

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

China Movie Industry Shares Crash as Mainland Stock Markets ReopenThe shares of China’s entertainment companies crashed within minutes of stock markets reopening on Monday morning. Many firms saw share trading quickly halted after prices moved by the 10% maximum …
ソース: Variety - 🏆 108. / 63 続きを読む »