Foreign investors change their Chinese mainland equity portfolios. Plus, Sweden halts a 5G auction after Huawei wins a court battle

Filmmaker saw revenue plunge this year amid epidemic shutdowns, but losses began before coronavirus outbreak

Cinema chain operator responds to stock exchange’s questions about its most recent annual report

Asset impairment charge of $834 million in 2019 financials, before effects of pandemic lockdown, draws scrutiny and questions from Shenzhen exchange watchdogs

Cinema operator Wanda Film’s profit dropped while film studio Huayi Brothers lost nearly 1 billion yuan

After Qingdao SOE balks, China’s largest cinema operator shrinks bid for film studio by almost 10% to $1.55 billion

Trading stopped as company worked out $15 billion asset restructuring plan

Purchase of 96.8% stake part of company’s larger film-asset restructuring

Alibaba Group steps into new role at Wanda Film as property conglomerate sells 12.77% stake to new investors