Booming box-offices boost stocks
By Cai Xiao | China Daily | Updated: 2016-02-25 08:23
Industry analysts are confident that China's listed film and television companies will continue on a high note, after toasting a series of box-office records since the turn of the year.
The latest figures from the country's movie regulator show that over the weeklong Spring Festival and Valentine's Day holiday, takings soared 87 percent compared with last year, to 3.61 billion yuan ($547 million).
Annual cinema revenues for the whole of last year were worth 44.1 billion yuan.
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