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Did China's Wanda Cash in During AMC Theatres' Stock Surge? - www.hollywoodreporter.com - China
hollywoodreporter.com
08.02.2021 / 20:26

Did China's Wanda Cash in During AMC Theatres' Stock Surge?

Was Chinese conglomerate Wanda Group among the surprise beneficiaries of the recent retail investor frenzy that caused a spike in the stock price of movie theater giantAMC Entertainment? A U.S.-based division of Wanda converted its Class B common stock in AMC to Class A shares on Monday, Feb. 1 "in order to permit sales of its common stock," AMC revealed in a filing with the Securities and Exchange Commission on Friday.

TikTok Rival Kuaishou's Stock Soars in Hong Kong Market Debut - www.hollywoodreporter.com - China - Hong Kong - city Hong Kong
hollywoodreporter.com
05.02.2021 / 20:37

TikTok Rival Kuaishou's Stock Soars in Hong Kong Market Debut

Shares of KuaishouTechnology, China’s second-most popular short-form video app behind TikTok owner ByteDance, rocketed nearly 300 percent Friday in their debut on the Hong Kong stock exchange. Shortly after the opening bell, the stock was selling at more than HK$330, nearly triple the initial public offering list price of HK$115 and valuing the company at $179 billion.

Alibaba Quarterly Profits Hit $9 Billion Despite Regulatory Woes - variety.com - China
variety.com
02.02.2021 / 17:26

Alibaba Quarterly Profits Hit $9 Billion Despite Regulatory Woes

Patrick Frater Asia Bureau ChiefE-commerce and entertainment giant Alibaba said that the Chinese government’s increasingly negative attitude towards big tech is giving it near term problems. But the company was able to deliver huge profits of more than $9 billion in the three months to December.In the period, which represents the third quarter of its financial year, Alibaba’s revenue was RMB221 billion ($33.9 billion), an increase of 37% year-over-year.

Canada apologises after diplomat creates ‘Wuhan’ T-shirt using Wu-Tang Clan’s symbol - www.nme.com - China - Canada - city Wuhan
nme.com
02.02.2021 / 15:55

Canada apologises after diplomat creates ‘Wuhan’ T-shirt using Wu-Tang Clan’s symbol

coronavirus crisis.The offending shirt contained the word Wuhan, the Chinese province in which the virus originated, as part of the ‘W’ bat-like symbol of Wu-Tang Clan.

Alibaba Founder Jack Ma Makes First Public Appearance Since October - deadline.com - China
deadline.com
20.01.2021 / 11:27

Alibaba Founder Jack Ma Makes First Public Appearance Since October

Alibaba founder Jack Ma has made his first public appearance since October after questions swirled about his whereabouts.

Alibaba’s Jack Ma Makes First Public Appearance Since October - variety.com - China
variety.com
20.01.2021 / 09:06

Alibaba’s Jack Ma Makes First Public Appearance Since October

Patrick Frater Asia Bureau ChiefJack Ma, the iconic businessman and co-founder of Alibaba who had been reported by media as missing, made an appearance this week in public, Chinese state media reported on Wednesday.Ma met with 100 rural teachers via a video meeting, Tianmu News, a news portal that belongs to Zhejiang Online, a government-backed news website, reported.The news was also carried by state-owned tabloid, The Global Times.

‘Cruel Summer’: Amazon Takes Worldwide Rights To Jessica Biel/eOne-Produced Freeform Series - deadline.com - China - Texas - Canada
deadline.com
13.01.2021 / 13:03

‘Cruel Summer’: Amazon Takes Worldwide Rights To Jessica Biel/eOne-Produced Freeform Series

Amazon Prime Video has taken the worldwide rights to Freeform’s upcoming thriller drama series Cruel Summer (formerly known as Last Summer), from Bert V. Royal, Jessica Biel, eOne, and Iron Ocean Productions.

Amazon Boards Psychological Thriller ‘Cruel Summer’ From eOne, Jessica Biel - variety.com - China - Canada
variety.com
13.01.2021 / 12:30

Amazon Boards Psychological Thriller ‘Cruel Summer’ From eOne, Jessica Biel

Naman Ramachandran Amazon Prime Video has secured the exclusive first window worldwide rights, excluding the U.S., Canada and China, to psychological thriller series “Cruel Summer.”From independent studio Entertainment One (eOne), alongside Jessica Biel and Michelle Purple’s production outfit Iron Ocean Productions, the series will launch on Prime Video following its U.S.

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