日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Distributor China Film soars 44 percent in trading debut

By Zhao Yanrong | China Daily | Updated: 2016-08-10 07:30

China Film Co Ltd, China's largest movie distributor, saw a rise of 44 percent in its stock prices on its first trading day on Tuesday, after the company held the biggest initial public offering in China's entertainment industry.

The Shanghai-listed stock, with an offering price of 8.92 yuan ($1.34), opened at 10.7 yuan on Tuesday morning. It soon reached the daily limit and closed at 12.84 yuan, valuing the company at 24 billion yuan.

Established in 2010, China Film is the distribution unit of the State-owned China Film Group Corporation, and the latter attempted to go public in Hong Kong as early as 2004. However, the plan was suspended due to the change in China's policies at the time, which prohibited overseas capital from investing in the film industry in the mainland market.

In late July, China Film announced it would raise 4.2 billion yuan in an IPO in Shanghai to fund movie production and cinema investments.

The company accounts for 58 percent of movie distribution in the Chinese market, and its profits climbed 76 percent to 868 million yuan last year.

China's media and entertainment industry is estimated to be valued at $180 billion, and the box office receipts jumped 21 percent in the first six months of the year to 24.6 billion yuan, according to research firm EntGroup Inc.

China's film market is likely to overtake the United States as the largest movie market in the world by 2017.

Gao Jun, a well-known filmmaker in China, said the listing of China Film is meaningful for the Chinese film industry.

"Before China Film, only private film companies went public. After being listed, China Film, a key player in the industry, is required to publish various types of company information, which could be a breakthrough in the industry's standardization, and lead to more film companies going public in China," Gao said.

By the end of June, 17 film and entertainment companies had been listed in China's A-share market, and Wanda Cinema Line Corp took the leading position with a total value of 93.83 billion yuan.

zhaoyanrong@chinadaily.com.cn

 

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 操在线视频 | 又紧又大又爽精品一区二区 | 久久三级视频 | 国产男女无套免费网站 | 高清成人综合 | 国产精品视频一二三 | 毛片毛片毛片 | 青春草在线视频观看 | 97超碰伊人| 免费黄视频在线观看 | 在线免费中文字幕 | 精品成人在线 | 午夜精品在线视频 | 欧美激情天堂 | 99免费在线 | 天堂8在线视频 | 激情五月婷婷综合网 | 日韩另类在线 | 亚洲精品一区在线观看 | 久久精品视频在线观看 | 日本理论中文字幕 | 日韩av一区二区在线观看 | 免费av在线网站 | 99久久久久久久久 | 亚洲 在线 | 一级片在线免费播放 | 久久婷婷激情 | 亚洲第一中文字幕 | 亚洲最大福利视频 | 超碰88 | 久久九九精品 | 超碰免费av| 免费古装一级淫片潘金莲 | 国产 欧美 精品 | 不卡成人 | 蜜桃久久av一区 | 不卡高清av | 欧美另类一区二区 | 色婷婷亚洲 | 蜜臀久久99精品久久一区二区 | 蜜臀久久99精品久久一区二区 |