A festival of Chinese films that premiered during the Spring Festival holiday has not only captivated domestic audiences but is also making significant strides internationally. This success is energizing the Chinese film industry and bolstering confidence in Chinese assets.
The record-breaking animated blockbuster Ne Zha 2: Demon Child Conquers the Sea is set for official releases in multiple overseas markets, including Australia, New Zealand, South Africa, and Japan, starting Wednesday. In North America, presale tickets are in high demand, with occupancy rates exceeding 90 percent.
As of Wednesday, Ne Zha 2 has grossed over 9.7 billion yuan ($1.33 billion), breaking into the top 20 of all-time global box office rankings, according to data from industry tracker Maoyan Pro.
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Overseas success of Chinese films boosts confidence in Chinese assets
cgtn.com
