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China's Fading Box Office Delivers Rare Profit-boost For Imax China
BoxBox(US:BOX) Benzinga·2025-08-04 21:23

Investors held out high hopes for Imax China when it listed in Hong Kong in 2015, betting the Chinese offshoot of Canada's Imax(IMAX.N) was well placed to profit from a box office that was booming at the time. Investors believed that growing demand from increasingly discerning Chinese would further fuel demand for Imax's premium big-screen viewing experience. Such hopes sent the stock from its listing price of HK31toasmuchasHK31 to as much as HK60. But reality quickly caught up with the company as China's box office ra ...