China's largest film studio listed on Shanghai Stock Exchange

Updated 2017-10-13 10:03:00

China's largest film studio was listed on the Shanghai Stock Exchange on Thursday, with its market value reaching over ten billion yuan (1.5 billion USD), reports

The Hengdian World Studios, said to be the largest film studio in the world, issued 53 million shares at 15.45 yuan on October 12, 2017. The latest public offering reportedly presents 11.7% of the company's capital stock.

Dubbed "Chinawood," the studio consists of 13 shooting stages, with a total area of up to over 30 square kilometers in Hengdian Town, Zhejiang Province.

The company is a subsidiary of China's well-known Hengdian Group. The studio's listing brings the number of Hengdian conglomerate subsidiaries on China's A-Share market to five.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58March 20 2018 06:16:42

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16March 20 2018 06:16:42

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18March 20 2018 06:16:42

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords