Two of China’s most influential state-owned film companies, China Film Group and Shanghai Film Group, have submitted their applications to list on the Shanghai stock exchange, the country’s securities regulator said.
The plan comes as Beijing encourages domestic media and film firms to list in order to better compete with new media companies and privately invested film companies like Huayi Brothers Media Corporation and Bona Film Group. Reported by S.China Morning Post 16 minutes ago.
The plan comes as Beijing encourages domestic media and film firms to list in order to better compete with new media companies and privately invested film companies like Huayi Brothers Media Corporation and Bona Film Group. Reported by S.China Morning Post 16 minutes ago.