Life in the Light and Shadow of Chinese Entertainment
Chapter 0098 Summer and National Day Film Seasons
《泰囧》从1月11日上映,到2月11日,一个月的总票房已经突破了12亿。
And on the third day of the Lunar New Year, February 12, it still garnered 25 million yuan in box office revenue.
On its opening day, February 10, "Journey to the West: Conquering the Demons" grossed 7685 million yuan, breaking the record for the highest-grossing opening day for a Chinese-language film previously held by "Lost in Thailand".
In the following two days, "Journey to the West: Conquering the Demons" grossed 6185 million and 6912 million yuan respectively.
After three days of release, the film grossed 220 million yuan in mainland China, breaking the previous record of 2.12 million yuan set by "Lost in Thailand".
Despite this, "Lost in Thailand" still maintained its position as the second highest-grossing film in mainland China on a single day.
Furthermore, as early as February 1st, Han Sanye had applied for a one-month extension key for "Lost in Thailand".
In the days that followed, the entire nation of China was enveloped in the atmosphere of the Spring Festival.
While all industries welcomed the Spring Festival holiday, the service industry did not take a break, especially the film industry, which is thriving!
Thanks to the huge success of "Journey to the West: Conquering the Demons" and "Lost in Thailand," although other films released at the same time could not match the daily box office performance of the two films, they attracted a larger audience through the success of the two blockbuster movies.
This has allowed these films to profit, and at least some investors in low-budget films have already begun to celebrate with great joy.
The happiest people, besides Han Sanye, are Guangxian and Huayi, the two major listed film and television companies.
Han Sanye was simply happy because the box office of domestic films could reach more than 10 billion yuan.
The latter two are because these two blockbuster movies were produced by their respective companies.
Because of its more than one-month run and breaking various Chinese records, the stock price, after a month of ups and downs, finally broke through the 110 yuan mark on the first trading day of February 18!
Huayi Brothers successfully restored its stock price to NT$55 thanks to the huge success of "Journey to the West: Conquering the Demons".
A single share price surged by 10 yuan, resulting in a total market capitalization increase of 10 billion yuan!
At the Huayi shareholders' meeting after the Lunar New Year, both Mr. and Mrs. Wang were once again in high spirits.
Before the market closed that same day, Wu Yang, Liu Yifei, and Liu Xiaoli were watching the stock market curve in their suburban villa in Jiangcheng.
"It surged by 10.2 yuan in just half a day, when should I sell?"
Liu Xiaoli was dressed elegantly and had a graceful demeanor; her eyes were usually calm and composed.
At this moment, however, his eyes were filled with obvious excitement, and his gaze toward Wu Yang was full of affection, with none of the unease he felt when he first met the blond-haired boy.
"Based on the box office performance of 'Journey to the West: Conquering the Demons,' we can continue to hold the stock, and the share price should continue to rise before it leaves theaters."
Wu Yang analyzed the situation while looking at the box office curve.
Liu Xiaoli started her involvement in the stock market as soon as Liu Yifei entered the entertainment industry.
They became frequent targets of exploitation until Wu Yang and Liu Yifei collaborated with Huayi.
Liu Xiaoli has already lost more than 200 million yuan in the stock market. Although it's not a lot of money, it still bothers her.
Since Wu Yang and Liu Yifei started working with Huayi, Liu Xiaoli followed Wu Yang's advice and bought 10 shares of Huayi at the beginning of its listing. She subsequently invested multiple times to increase her holdings to 30 shares.
When Wu Yang and Liu Yifei cashed out and left, Liu Xiaoli also cashed out and left, netting a profit of 800 million yuan after deducting her investment.
Following in the footsteps of Wu Yang and Liu Yifei, at the beginning of Guangxian's listing, they bought 2000 shares for 25 million yuan at a price of 80 yuan per share. Now, the price per share has increased by 30 yuan, and after deducting the investment, they have made a net profit of 750 million yuan.
During the pre-New Year's Eve gathering, since Wu Yang and Liu Yifei both work in the film and television industry, Liu Xiaofeng asked about film and television stocks.
At that moment, Wu Yang took out the movie catalog from his notebook and gave them a detailed analysis.
Finally, he added that buying Huayi's stock now would definitely make a fortune.
Grandma Liu, her aunt, and her brother's wife didn't take it to heart, but Liu Xiaoli and Liu Xiaofeng were wary.
The former is because he works in a bank and is very perceptive of the financial market.
The latter simply trusted Wu Yang, so he didn't discuss it with Wu Yang after the meal.
He used his spare funds to successfully buy 50 shares of Huayi when the price of a single share was only 44.8 yuan.
Following the release of "Journey to the West: Conquering the Demons" on the first day of the Lunar New Year, various positive news emerged in the financial market.
On February 18, when the stock market opened, Huayi's share price indeed rose rapidly, soaring from 44.8 yuan to 55 yuan in just half a day.
If a single share increases by 10.2 yuan, 50 shares would amount to 510 million yuan.
Keep in mind that this is only half a day, and there are still more than 20 days left before "Journey to the West: Conquering the Demons" is taken off the screens.
This doesn't even take into account whether Huayi will apply for an extension of the key. Even if the price increase isn't significant later, the returns will still be astonishing!
This only accounts for Liu Xiaoli's personal gains; it doesn't even include Liu Xiaofeng and Wu Yang's friends.
The day after the Lunar New Year, Wu Yang learned that Liu Xiaoli had purchased 50 shares and shared the news with his four sworn brothers and the rest of the team.
Whether they buy or not is unknown, but Wu Yang and Liu Yifei pooled together 4500 million yuan and bought 100 million shares.
They've already made a net profit of 1000 million! It's the enemy's money, so whoever makes the money is still making money!
Wu Yang made his money with a clear conscience, and then cashed out at a high price before "Journey to the West: Conquering the Demons" was taken off the screens.
On February 25th, just after the Lantern Festival, Wu Yang and Liu Yifei boarded a flight to Beijing.
As of now, "Lost in Thailand" has been in theaters for 45 days, and its total box office in China has reached 12.85 billion yuan.
It will be showing for another two weeks before it leaves theaters, and it is expected to break 13 billion yuan at the box office, but it is unlikely to break the record set by Avatar.
Even so, when Wu Yang brought Liu Yifei to visit Master Han's home...
Master Han was still incredibly excited when he learned that "Journey to the West: The Love Story of a Fallen City" would be completed before April.
"Good, good, good. With 'Journey to the West: Conquering the Demons' as a precedent, as long as your movie isn't bad, the box office will definitely be high! When do you plan to release it?"
Because Americans don't celebrate the Lunar New Year, Wang Hui's team couldn't take time off work to return home and reunite with their families during the holiday.
They could only spend the Lunar New Year in Los Angeles, but thanks to their efforts, "Journey to the West: The Love of Beauty" was able to complete all the special effects rendering work on February 20th.
Only the final work of dubbing and music composition remains, and both of these can be done back in China.
So on February 13th, Wang Hui led his team back to the capital, and Wu Yang told them to disband and return to work together on March 1st.
The soundtrack was already finished and is just waiting to be integrated into the video; the voice actors have also been found.
Upon hearing Han Sanye's question, Wu Yang replied without hesitation, "Either choose the summer season or the National Day season."
As for the upcoming May Day holiday, it was automatically ignored by Wu Yang, and Third Master Han didn't mention it either.
After all, this release window, with only a 3-day holiday, is relatively friendly to low-budget films.
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