Caixin Global – Latest China News & Headlines

Home >


CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

Mobile Game Revenue Steadily Recovering, Report Says
Henlius Biotech Raises $410 Million in Hong Kong IPO
Chinese Smartphone-Maker, Big in Africa, Prices IPO Far Above Apple
China Expected to Have First Self-Designed DRAM Chip by Year End
Chinese Gaming Giant NetEase to Raise More Pigs
AB InBev Asian IPO Price Polling Below Midpoint of Range, Again
iPhone 11 Released in China to Mixed Reception From Shoppers
Pony Ma Steps Down as Tencent Credit’s Legal Representative
Local Emissions-Cutting Projects Could Help China Surpass International Commitments: Report
Short-Term Reference Rate for Loan Pricing Edges Down
Tencent Offers Open-Source System for IoT Innovation
Chinese Smartphone-Maker, Big in Africa, Prices IPO Far Above Apple
Dajia Insurance Launches Online Shop
World’s Highest Grid Project Takes Shape on ‘Roof of the World’
Battery Giant CATL in $1.4 Billion Fund-Raising Plan
Alibaba Recruits Big-Hitters for AI Research Labs
Zhejiang Regulators May Struggle to Implement Consumer Loan Rules
Is This Chinese Local Government Using a Journalist’s Trial to Quash Dissent?
ABB Bulks Up With Huawei on Industrial Cloud
China Biologic Receives $4.6 Billion Buyout Offer
Henlius Biotech Raises $410 Million in Hong Kong IPO
Mobile Game Revenue Steadily Recovering, Report Says
China’s Cybersecurity Industry Expected to Grow 23% to $8.9 Billion
China Box Office Sets Record for Labor Day Holiday

By Liu Shuangshuang and Han Wei / May 07, 2019 03:29 AM / Business & Tech

Photo: IC Photo

Photo: IC Photo

China’s movie theaters welcomed a record number of viewers during this year’s four-day Labor Day holiday as people were attracted by blockbusters such as “Avengers: Endgame.”

Box office sales surged 50% from the previous year to 1.5 billion yuan ($223 million) during this year’s extended holiday, according to a market data platform operated by Alibaba Pictures Group.

A total of 34.6 million viewers went to theaters during the holiday, up 19% from the previous year.

Disney's “Avengers: Endgame,” which is in its second week in theaters, accounted for more than 80% of China’s box office during the holiday. Ticket sales for the film totaled 1.7 billion yuan between May 1 and May 4, followed by the Lebanese drama film “Capernaum,” according to market research institute Entgroup.

“Endgame” generated more than 3.9 billion yuan ($578 million) in China as of May 5, making it the third-most popular movie in China. Globally, the film has hauled in $2.2 billion.

Related: Superhero ‘Avengers: Endgame’ Saves Luckluster China Box Office
Share this article
Open WeChat and scan the QR code