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.

ByteDance-Owned TikTok Was World’s Most Downloaded Social Media App in January
Weibo Shares Plunge on Lower-than-expected Earnings, Weaker 1Q Guidance
China’s Handset Shipments Plummet Nearly 40% in January
China Has More Billionaires Than U.S. And India Combined: Hurun Report
Didi to Launch Food Delivery Service in Japan
NIO Strikes Government Deal with New Headquarters and New Funding Plan
Daimler Slims Down China Venture in Global Cost Saving
U.S. Transport Agency Bans Employees From Using TikTok For Work
Huawei Launches New Foldable Smartphone, Targets Android Market with HMS
Industries Switch Up Production Processes to Use Byproducts to Produce Medical Supplies
China Plans to Mass Produce Driverless Cars by 2025 Later Than Previous Forecast
U.S. Companies Fluctuate on Wall Street as Covid-19 Hits Their 2020 Forecasts
Snack Shop Serves Up First IPO from Wuhan Since Covid-19 Outbreak Took Hold
Chinese AI Firm Laiye Secures $42 Million in Series C Funding Round
Japan’s Finance Minister Expresses Concerns Over China’s Digital Yuan
U.S. Allows China’s iFlyTek to Resume Purchases of American-Made Medical Products During Outbreak
China Accounts For Nearly Half of All Global 5G Smartphone Shipments in 2019: Research
Xiaomi-Backed Smart Home Cleaner Maker Raises $641 Million in Shanghai IPO
Foxconn Allows Henan Workers to Return to Its Zhengzhou Complex
Alibaba-Owned Livestreaming Platform Taobao Live Sees Rapid Growth Amid Outbreak
Movies Premiere Online as Coronavirus Shuts Theaters

By Ding Yi / Feb 05, 2020 06:40 PM / Business & Tech

Photo: IC Photo

Photo: IC Photo

Two films originally set for theatrical release during the Lunar New Year holiday in China instead premiered online amid calls to avoid public gatherings, as the country’s coronavirus epidemic, which has crippled many businesses, come as a boon to its video streaming industry.

“Enter the Fat Dragon,” an action comedy film directed by Kenji Tanigaki, debuted on Tencent Video and iQiyi Saturday, two weeks before its planned Feb. 14 premiere in theaters.

Meanwhile, another comedy, “Lost in Russia,” which was set to hit theaters on the first day of the Lunar New Year on Jan. 25, instead hit ByteDance-owned platforms Xigua Video, Douyin and Jinri Toutiao the same day and was made free to viewers. The movie was expected to do well at the box office before the government asked cinemas to shut down due to the growing epidemic.

“Lost in Russia” had more than 600 million total views as of Jan. 27, local media reported, while “Enter the Fat Dragon” accumulated 80 million views on Tencent Video as of Wednesday.

The decision to premiere “Lost in Russia” online encountered protests from Chinese movie companies, with some claiming that it impaired the interests of the country’s cinema industry. A letter addressed to regulators claiming the free online release would break the existing industry model was signed by nearly two dozen theaters and films studios, Reuters reported.

China’s outbreak of the new strain of coronavirus, also known as nCoV-2019, has so far claimed almost 500 lives and sickened more than 24,000 people. It has prompted at least seven Chinese films that were set to hit theaters during the Spring Festival holiday to postpone screenings.

Contact reporter Ding Yi ( and editor Dave Yin (

Related: iQiyi Hires Former BBC Executive Kelvin Yau to Lead Thailand Operations

Share this article
Open WeChat and scan the QR code