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Beijing Culture Share Price Leap Reflects Chinese New Year Box Office Surprise

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variety.com

Rebecca Davis editorThe embattled production powerhouse Beijing Culture has emerged as the biggest publicly-listed winner of the Chinese New Year box office bonanza.

Its stock price has climbed 18% since the start of the holiday thanks to the success of its hit comedy “Hi Mom.”The boost is a much needed one following two years of losses and a government investigation late last year that unveiled mismanagement and inaccurate figures in its prior financial statements.

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