China Travel Int’l spinoff spotlights its natural scenery and cultural tourism aspirations
After divesting its real estate business last year, the company continues to restructure with plans to spin off its HKM Culture Tourism unit for a separate Hong Kong listing Key…
‘China’s Netflix’ looks for stardom in new theme park business
The first of iQiyi’s three immersive experience-based theme parks in the city of Yangzhou will feature content from its streaming platform Key Takeaways: After seven quarters of declining revenue and…
From friends to foes: Agile faces mounting troubles from former partner
A former partner has requested Agile’s liquidation over an outstanding debt that isn't substantial, but could still trigger a chain reaction Key Takeaways: Agile Group is facing a liquidation petition…
BRIEF: Ocean Park sells controlling stake in $293 million share placement
Theme park operator Haichang Ocean Park Holdings Ltd. (2255.HK) said on Monday it has agreed to sell 5.1 billion new shares to Sunriver Group for HK$0.45 apiece, raising HK$2.3 billion…
BRIEF: Haichang says major shareholder has no plans to privatize the company
Responding to recent market rumors, theme park operator Haichang Ocean Park Holdings Ltd. (2255.HK) announced on Sunday that it has no plans to sell assets and its controlling shareholder has…
Golden Heaven Group coasts on major amusement park expansion
The company’s stock has tripled since its April IPO, much of that after it announced plans to build three new regional amusement parks last month Key Takeaways: Golden Heaven Group…
Step Right Up: Pop Mart Excites Investors with Foray Into Theme Parks
Collectible toymaker’s shares rise 9% in the week since media reported its plans to open its first entertainment venue in Beijing Key takeaways: Pop Mart is reportedly planning to open…
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