Caixin
Jun 05, 2019 07:54 PM
DAILY CHART

Chart of the Day: Chinese Box Office Takings Dip By 5%

Box offices around China took in 26.97 billion yuan ($3.9 billion) in the first five months of the year, down from 28.43 billion yuan for the same period in 2018.

The fall was largely due to a poor first-quarter performance when takings dropped 8% year-on-year. In China, the first quarter includes Lunar New Year holiday, which usually falls in February or January and is typically the busiest and most important season for box office takings.

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Of the top 10 performing movies for the period, four were from the U.S., including Hollywood blockbuster “Avengers: Endgame” which netted 4.2 billion yuan.

Taiwanese romance drama “More than Blue” checked in at No. 7 with box office takings of 950 million yuan.

The rest were from the Chinese mainland, with sci-fi hit “The Wandering Earth” topping the box office. An adaptation of a novella by renowned Chinese author Liu Cixin, the film is set in a distant future where humankind must work together to move Earth out of the path of an expanding sun.

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Contact reporter Mo Yelin (yelinmo@caixin.com)

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