The star-studded Hollywood Adventures opened far below estimates with a $9 million opening day and $26-$27 million weekend, only 9th best 2015 debut among Chinese films.
Several major Chinese government owned companies have teamed up with Alibaba to form a streaming video service that may force an early end to Netflix’ China ambitions.
Fueled by liquidity, leverage, and rampant speculation, China’s stock markets have reached fever pitch levels and look ripe for a correction.
If you missed out on the recent Chinese market boom and you’re looking for a way to make make up for it, you might consider taking advantage of the recent Shanghai and Shenzhen stock market rule changes that now allow investors to short equities.
Jack Ma has engineered a 7-fold increase in his film unit’s market cap to nearly $10 billion. Is this valuation sustainable?