China’s embattled film industry on track for recovery

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Analysts predict that ticket sales during the Chinese New Year break will hit at least 8 billion yuan (S$1.5 billion). Read more at straitstimes.com.

BEIJING - Ticket sales at China’s box office for the first four days of the week-long Chinese New Year break have surpassed the figure for the same period in 2022, as the world’s biggest film industry recovers from setbacks due to the country’s previous zero-Covid policy.

Latest figures from Maoyan, a Hong Kong-listed entertainment company, showed that box office sales in China hit 4.8 billion yuan as of 7pm on Wednesday,Already a subscriber? Get exclusive reports and insights with more than 500 subscriber-only articles every month

 

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