China's Box Office CRASHES 31.6%. Is This the End of the Movie Trade

Bearish · $1896.HK · $600977.SS

What Happened

China's 2026 National Day holiday box office plummeted 31.6% year-over-year to RMB 1.05 billion in the first six days, missing CICC's expectations due to a lack of blockbuster films.

Bottom Line

CICC maintains ratings but highlights risks; the box office slump underscores reliance on hit content, with upcoming films as potential catalysts.

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