Market Chatter: China's Box Office Sales Jump 18% in Lunar New Year

MT Newswires Live
05 Feb

China's box office sales jumped 18% year on year to 9.48 billion yuan during the Lunar New Year holiday period, Bloomberg News reported Wednesday, citing data from ticketing website Maoyan.

Box office sales in the same period a year ago was 8.02 billion yuan, the media outlet said.

Imax China also beat its previous record in the previous year, as sales climbed 57% in dollar terms to $53 million, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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