- The box office in China is on pace to top 40B yuan ($6.25B) this year as traffic remains strong despite the economic downturn.
- The overall Chinese box office is expected to pass the North American box office within the next three years.
- The news is positive for IMAX (NYSE:IMAX) which has slightly more theaters operating or scheduled to be opened in China than the U.S.
- Shares of IMAX are down 23% over the last three months.
IMAX continues to ride strong China box office
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Symbol | Last Price | % Chg |
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IMAX | - | - |
IMAX Corporation |