
Golden Harvest MegaBox latest cinema to close in Hong Kong, 4 left under chain
The seven-theatre cinema, Golden Harvest MegaBox, located in the largest shopping centre in East Kowloon, will operate until this Sunday, the chain announced on Wednesday afternoon.
The cinema in Kowloon Bay became the latest in a string of theatre closures in the city and the fifth so far this year. It is also the fifth to close since April 2024 under Golden Harvest, which now operates four remaining locations.
'We sincerely apologise for any inconvenience caused. We look forward to seeing you again at other GH cinemas,' the operator said on Facebook.
The cinema will launch a series of farewell events to thank fans, including some blind-box tickets on Sunday, with the last show at its IMAX theatre to be sold for HK$40 (US$5).
On the cinema's final day, the snack bar will offer special combos and merchandise for HK$40. Patrons holding any ticket from MegaBox cinema will receive a HK$10 discount on purchases over HK$65 at snack bars in other Golden Harvest cinemas between June 9 and June 30.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


South China Morning Post
3 hours ago
- South China Morning Post
Philippines' Subic Bay play aims to anchor US naval strategy in Asia
The Philippines is repositioning its historic Subic Bay shipyard as a cornerstone of both its own defence industry and Washington's naval expansion plans, analysts say, at a time of sharpening US-China tensions and with Manila seeking to revitalise its economy. Speaking to business leaders in Washington on Thursday, Philippine Ambassador to the US Jose Manuel Romualdez pitched the Agila Subic Shipyard – once a bustling hub for a subsidiary of South Korea 's Hanjin Heavy Industries, now under new management – as well placed to support America's plan to ramp up warship production over the next three decades. 'The US wants to increase their shipbuilding industry. It's been sort of on hold for many years, decades, and now they are reviving it,' Romualdez said on the sidelines of a meeting of the US-Asean Business Council, which advocates for the trade interests of the Association of Southeast Asian Nations in the US. Subic, he said, 'could possibly be part of what the United States is looking at' – drawing a contrast between the Philippines' active shipbuilding sector and America's efforts to revive its long-stalled industry. A still from a social media video shows an aerial view of Agila Subic Shipyard when it was operated by Hanjin. Photo: YouTube Proposals for the Agila Subic Shipyard – which US private equity firm Cerberus Capital Management acquired in 2022 , investing some S$40 million to jumpstart operations – have long been floated within the Pentagon as part of Washington's search for overseas capacity.


South China Morning Post
5 hours ago
- South China Morning Post
Leapmotor's stock and sales soar to become a new challenger in China's booming EV market
Zhejiang Leapmotor Technology, once a fringe player in China's electric vehicle (EV) industry, is beating all its start-up rivals by sales and stock gains this year and analysts say there is more to come. The carmaker's Hong Kong-listed shares have doubled since January – outpacing better-known peers XPeng and Xiaomi – and have surged more than 200 per cent from a low in August last year. The company has increased its 2025 sales target to 500,000 units, up from around 290,000 a year earlier, and is tipped to deliver its first annual profit. Ten-year-old Leapmotor has won over investors by outcompeting its peers in price, principally by producing a large proportion of components in-house. A big driver behind that is the electronics and software background of co-founder Zhu Jiangming, who has helped drive the company's R&D efforts. Leapmotor co-founder Jiangming has helped drive the company's R&D efforts. Photo: Reuters 'Leapmotor's price competitiveness is remarkable, they're offering large vehicles at mass-market prices, thanks to roughly 70 per cent vertical integration,' said Xiao Feng, co-head of China industrial research at CLSA Hong Kong. 'We see strong upside potential driven by a robust product cycle and exceptional capital efficiency.' The company's shares rose 1.7 per cent on Monday to HK$66.35, up from last year's low of HK$19.54 set in August. They are projected to climb to HK$74.89 in the next 12 months, based on a Bloomberg survey of analysts. Leapmotor was established in Hangzhou in 2015 by Zhu and co-founder Fu Liquan, who together had previously set up security-camera manufacturer Dahua Technology. The carmaker remained an underdog in its early years with sales volumes trailing far behind those of industry giant BYD and also earlier start-ups such as Xpeng and Li Auto. A key to Leapmotor's catchup since then has been Zhu's insistence that the company develop as many of its own electrical components as possible to keep costs down. That focus has seen the brand being described as a 'more affordable Li Auto', referring to the latter's mid-range and premium SUVs. By way of comparison, Leapmotor's family-oriented C11 SUV released in late 2020, retails for as little as 148,800 yuan (US$20,700). Li Auto's cheapest vehicle, the L6 SUV, starts at 249,800 yuan.


South China Morning Post
15 hours ago
- South China Morning Post
Hong Kong CEOs get crash course in AI to pass on skills to 5,000 students
More than a dozen CEOs and top-level executives in Hong Kong are taking a crash course in AI with the help of a non-profit to equip them with the skills to help 5,000 secondary school students learn the essentials of the technology. The CEO training on Sunday was a key component of the AI-5000 Initiative, a collaborative effort between Project Melo and Preface, a Hong Kong-based education technology company. The project garnered support from 17 top-level executives and leaders, including M+ museum chairman Bernard Chan, Link Reit CEO George Hongchoy, and Randy Lai, the CEO of McDonald's Hong Kong. 'We believe that Hong Kong secondary students absolutely have to focus on AI,' said Kenny Lam Kwok-fung, a co-founder of Project Melo, a local non-profit focused on empowering young people that is co-running the programme. Being held between September this year and March 2026, more than 50 schools are taking part in the programme. The courses will be delivered by Preface staff, students from Project Melo and the 15 participating CEOs. The training programme is being launched amid a wider push by the government to get young people interested in the technology.