China-US Co-Produced Films Face Doom and Gloom

By Shen Yiqian Instructed by Tom Wright (Head Illustration by: Kevin Hong)   China’s film companies have found that tie-ups in movie production with Hollywood are not necessarily the key to success. A bunch of recent big-budget co-productions, from China Film Co., Ltd.’s The Great Wall to Huayi Brothers Media Corporation’s Rock Dog, have failed to …

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China Mobile’s net profit remains stable, slightly up 2 percent in 2016

China Mobile Limited, the largest telecommunications services provider in Mainland China, announced on March 23 a 0.2 percent increase in its 2016 net profit compared to a year earlier, despite a one-off gain boosting the net profit of previous year. Mainly driven by the revenue from telecommunications services, the company’s net profit slightly rose 0.2 …

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Hong Kong stocks rise to 18-month high, driven by China banks and internet giant Tencent

Hong Kong stocks closed at an 18-month high on Wednesday, breaking above 24,100 points, due to the inflow of capital into Chinese bank stocks as well as internet giant Tencent. The benchmark Hang Seng Index increased 0.47 percent, or 112.83 points, to 24,107.70 at 4 p.m., the highest since August 2015 and the first time …

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