CHINA TOPIX

03/28/2024 04:36:29 am

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China Film Co.

An investor observes the stock market on his phone at an exchange hall on January 13, 2016 in Huaibei, Anhui Province of China.

China Film Co Shares Jump 44% After Largest Entertainment Industry IPO

Stock prices of China Film Co Ltd. jumped by 44 percent in its first trading on Tuesday following the success of the biggest initial public offering (IPO) made in the Chinese entertainment sector.

China Film Co. IPO.

China Film Co. to Raise Capital Through Entertainment Industry’s Biggest IPO

China's largest movie distribution company China Film Co is planning to raise 4.09 billion Yuan ($611 million) through its initial public offering (IPO), making it the biggest IPO ever in country's entertainment industry.

Wanda Group in its final talk to buy out Legendary Entertainment

China's Dalian Wanda Group to Acquire US Legendary Entertainment

Chinese real estate and entertainment giant Dalian Wanda Group is reportedly in talks with US studio Legendary Entertainment to buy a majority stake in the Hollywood production company. Having already acquired AMC, if the deal pushes through, Asia's richest man Wang Jianlin will stage the biggest invasion of Hollywood since Columbia Pictures was procured by Japan's Sony almost three decades ago.

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