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2024-02-18 09:52:50 ET More on the China stock market Is MCHI ETF Truly Undervalued? Here Is Why I Believe It Is MCHI: China's Economy Could Be Facing Long-Term Structural Decline China's top securities regulator replaced amid market rout Rescue in the works?...
2023-07-20 01:00:00 ET Summary Imax China is being privatized by its Canadian parent, ending an eight-year experiment with its separate listing on the Hong Kong Stock Exchange. The company reported $73 million in revenue last year, or about a quarter of its parent’s $300 mi...
Imax China barely remained profitable in the first half of 2022 as Omicron outbreaks and resulting control measures led to theater closures. The number of Hollywood films released in China has dropped as well, which makes it difficult for theater operators to draw big audiences. T...
Nationwide ticket sales reached $943 million over seven-day Lunar New Year holiday, down 21% from last year but ahead of pre-pandemic levels in 2019. China’s Lunar New Year box office totaled 6 billion yuan over the Lunar New Year holiday, up slightly from pre-pandemic levels d...
IMAX China returned to profitability in the first half of 2021, though revenue and profits remained below pre-pandemic levels. Company’s revenue-per-screen was down 50% from 2019, spotlighting overcapacity that was already ravaging Chinese cinema operators pre-pandemic. The...
IMAX (IMAX), IMAX China (IMXCF), and Broadway inks agreement of four new IMAX theaters across various locations in downtown Shanghai.The deal will bring four new cutting-edge IMAX with Laser systems to key commercial areas in one of the country's most successful theatrical markets.With the ne...
Although Chinese markets were closed for the LNY break, global investors reacted excitedly to news coming out of China with equities trading in international exchanges. The disrupted Chinese New Year plans for the migrant workers resulted in new trends benefiting several sectors, incl...
China's 2021 Chinese New Year box office increased by +34% as compared to 2019, and IMAX China was a key beneficiary as evidenced by a +31% share price surge. The appointment of Alejandro Nicolas Aguzin as CEO for HKEX has drawn attention, as he is the listed company's first foreign C...
Elevator Pitch I upgrade my rating for IMAX China ( IMXCF ) ( IXCNY ) [HKG:1970], a 68%-owned subsidiary of IMAX Corporation ( IMAX ) and the market leader in theater screening technology in China, from Neutral to Bullish. Movie theaters in low-risk areas in China were allowed to reopen on...
Wanda Film Co., IMAX (NYSE: IMAX ) and IMAX China ( OTC:IMXCF ) expanded their longstanding partnership with a 20-theatre agreement. More news on: IMAX Corporation, IMAX China Holding, Inc., Tech stocks news, Stocks on the move, Read more ...